The analyst claims a price range between $400 and $500. Moreover the 5S would get a price cut, slashing the price into half. iPhone would also be killing future updates for the 5s.
Kuo also stated that the new 4-inch iPhone will share similar hardware specs as the current generation iPhone 6s, which includes an A9 chip and NFC for Apple Pay. The device will also feature the slightly curved 2.5D glass like the current iPhones, however it won’t come with3D touch.
The reveal date has also been delayed a bit. Apple’s keynote event that was supposed to take place on 15 March has been changed to an event in Cupertino on 21 March for the reveal of the iPhone and the new iPad as stated by Re/Code.
Entering this price range would definitely affect the smartphones in this category. A country such as India where iPhones are treated more of a luxury, a low price point would definitely attract buyers. Moreover with this 4 inch form factor, many 5s users would definitely get a phone worthy to upgrade, without compromising on the comfort of the screen size.