A published report on Friday says that the next iteration of the Apple iPhone, and a refreshed version of the current Apple iPhone 5, will both be introduced by Apple during a special event on September 18th; the version of the phone thought to be the Apple iPhone Lite, will actually be an iPhone 5 with cheaper, colorful shells, and a lower build cost thanks to the use of plastic in a few key areas...
Source: http://www.phonearena.com/news/Apple-iPhone-Lite-will-be-a-modified-Apple-iPhone-5-new-phones-to-be-introduced-September-18th_id45768
Source: http://www.phonearena.com/news/Apple-iPhone-Lite-will-be-a-modified-Apple-iPhone-5-new-phones-to-be-introduced-September-18th_id45768