We can add more rumors to the iPhone 5 pile in terms of an October release as we’ve just learned that China Telecom might be landing the Apple smartphone that month. Apparently, China Telecom has entered into a “preliminary agreement” with Apple to sell the iPhone 5 before the end of October, along with a simplified version of the iPhone 4. Perhaps the latter will be an 8GB version selling alongside with the iPhone 5, much like the 3GS when the iPhone 4 was released.
Why release two versions of the Apple smartphone? AllThingsD reports:
Targeting the smartphone market’s upper and lower ends like this could prove a wise strategy. “We estimate the high-end portion of China Telecom’s subscriber ... »read more

More at: IntoMobile Add additional source