According to Reuters, Apple is developing a mid range iPhone 4 with low specs to capture the huge market in the developing countries. Apparently, this news solidifies the long time rumors about Apple’s refreshed and cheaper iPhone 4 model. This new low end iPhone 4 will have 8GB inbuilt memory.

The rumor regarding a cheap iPhone 4 variant had also appeared in the International Business Times earlier this year but the Reuters report seems more convincing.

Wait continues for Apple fans to get their hands on the imminent iPhone 5 as rumor corroborates past reports.

The next-generation iPhone by Apple won’t be released later-than-normal date. This information has been released by an unnamed AT&T customer service representative. The representative was telling MacRumors that Apple iPhone5 will not be released either in June or July.

No official confirmation regarding Apple’s plan to put on hold the inclusion of NFC technology in the iPhone 5, along with the new talk till the launch of the later phone models, have been received yet.

Apparently, some anonymous sources from the U.K. mobile phone industry have spread the rumors that Apple may not be including Near Field Communication (NFC) support, in the fifth generation iPad.

However, the reason given by Apple to the carriers, for removing the feature from the next iPhone, was the lack of enough standardization in the technology.

In a conversation with The Independent, a source said, “The new iPhone will not have NFC; Apple told the operators it was concerned by the lack of a clear standard across the industry.”

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