Is this the "budget" iPhone?

According to reports these are the first photos of the purported "budget" iPhone  from Apple. No one can be sure about its appearance of course since those bumpers all around it cover its main characteristics. Nevertheless we could be wrong about this, so take it with a pinch of salt - as always.


What marks the spot though (and semi-verifies the whole thing) is that the device has Lightning port on the lower side, as well as the two stereo speaker we all know from iPhone 5.


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