Apple plans to launch an affordable-range of iPhone in 2020

According to the JP Morgan analysts, iPhone manufacturing company Apple is planning to introduce three different iPhone models soon. All of them will be upgraded versions of the formerly released models – iPhone XS, iPhone XS Max, and iPhone XR.

Moreover, it is also expected that Apple will introduce low-cost versions of iPhone by 2020. According to a report on CNBC, JP Morgan analysts believe that apart from the three premium iPhones, the company will introduce cheaper models that everyone can afford as well.

The 2020 high-end iPhones will include models with a screen size of around 5.4 inches, 6.1 inches, and 6.7 inches respectively. The analyst also anticipates that 5G support will be one of the key components of these phones. Apple has also settled its dispute with Qualcomm and we can expect the San Diego-based chipmaker to provide modem connectivity for the new iPhones.

JP Morgan also believes that due to 5G connectivity, iPhone sales will see significant growth and will sell around 195 million units in 2020.

Due to it's low-cost, the line of ‘affordable’ iPhones will obviously go through some cost-cutting protocols. For example, they will miss out on the OLED screen. They are also expected to be around the size of iPhone 8 with similar design features as iPhone X – but of course in a minimalistic way.

With the new ‘rumored’ iPhone to be made more affordable for the average consumer, it seems like the makers are trying to assume the role of its competing companies (and iOS) that are renowned for their lineup of both – luxurious and cost-effective smartphones that cater to all types of budget.

What do you think? Let us know in the comments!

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