iPhone 5, budget iPhone 4 get rumored for China Telecom

Sohu.com has a report up saying China Telecom, China's third largest mobile carrier, will not only be fielding the iPhone this year, but two new iPhones. We're fairly sure an iPhone 5 is coming this fall, and we've heard for a while now an iPhone nano/budget iPhone might be coming with it. (Two new iPhones in one year? I'll have to call Phil and ask how to deal with that many reviews!)

“According to Sohu.com, China Telecom will offer two types of iPhone that include the iPhone 5 and a ‘simplified iPhone 4,’” says White. “Essentially, this potential ‘simplified iPhone 4′ would be a more economical version of iPhone to target a broader customer base in developing countries such as China, allowing for an expanded market opportunity.”

Apple already owns 66% of mobile profits with one fairly high-end phone. If they get the second, more economical phone (on carriers with plans to keep those costs down), especially for new smartphone adopters and emerging markets, they could push that already astronomical figure even higher.

[Sohu via AllThingsD]

Rene Ritchie

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.