A cheaper iPhone is in the works and could be on sale as soon as this year according to Wall Street Journal.

iPhone 5
iPhone 5 (Source: Flickr)

While Apple has explored such a device for years, the plan has been progressing and a less expensive version of the flagship device could launch as soon as later this year, one of the people said.

The cheaper phone could resemble the standard iPhone, with a different, less-expensive body, one of the people said. One possibility Apple has considered is lowering the cost of the device by using a different shell made of polycarbonate plastic. Many other parts could remain the same or be recycled from older iPhone models.

This phone could be targeting people where they want the iPhone experience, but they just can’t afford it. Could this be the beginning of a iPhone product line just like the iPad and iPad mini, The Macs and all the different iPods. Could we see an iPhone mini. This has been rumored for years.

I think it is about time Apple created an iPhone mini or cheaper iPhone, it could be something amazing.

[Via MacRumors]