Apple to reduce the price of iPhone 5c

iPhone 5c which has been the lowest selling iPhone is going to see a price cut. As per a leaked email from German Telecom operator O2 shows that Apple is all set to launch a 8 GB version of the iPhone 5c. 

A German blog first published a screenshot of the email, later Technology website Endgadget also reported it. Endgadget also published a picture of the box of the new iPhone 5c. As per the reports Apple is reducing the price by 60 euros. 

See also http://soumyajitsworld.blogspot.in/2013/12/iphone-5c-failure-in-developing-markets.html

As per various reports around 3 million units of iPhone 5c are lying unsold with Apple. Due to high pricing iPhone 5c has largely failed to draw its targeted customer base, which were developing markets. As per Upeng, a Chinese App analytics, only 2% of Chinese iPhone users are using iPhone 5c. In India also it has failed to draw attention.At present iPhone 5c is sold at Rs 35000, while Android phones like Galaxy S4 and Nexus 5 with much better hardware and screen size gets sold at much lower price. 

Image courtesy Apple.com