Apple Unveils Low-Cost iPhone 5C in 5 Colors

Apple has unveiled its new iPhone 5C, a lower-cost iPhone with color.

The budget smartphone space is growing increasingly important, especially in emerging markets like China. Although Apple has found great success selling its older iPhone devices (usually with smaller storage capacities) for several years after their release dates, this marks the first time a brand new, lower-cost variant has appeared alongside a new flagship phone.

 Read more at: http://mashable.com/2013/09/10/apple-iphone-5c-release/