iPhone 5C Price to be $399?

 These past couple of days Apple has been dominating the tech world as more news come in regarding the iPhone 5C release date, price and full specs. Another nice thing to note is that Apple's stocks have also been rising continuously in the past week. The increase in stock value doesn't really exceed 0.15% but it obvious that the new phone is drawing in more investors. Yesterday, we reported that Citi investment bank contacted Apple's share holders with a report round-up on where the company is going and you can read the full statement here.

Leaked iPhone 5C case

 Speculations regarding the cost of the iPhone 5C have raged across blogs and even TV shows and it seems that everyone agrees that this will not be a cheap device. It will be less expensive than its bigger brother, but it will certainly not be a low budget phone. The current guess that most people have is that the price will be in the $399 to $499 range.

iPhone 5C Cost - Still a Mystery

 This is, however, by no means "low budget" considering that an average smartphone costs around $250. However, I cannot really say that any of us should be surprised by this, after all this is Apple and they are known for both their quality and their high prices.

 Today, an interesting article was published on Forbes discussing the price of the upcoming iPhone 5C and it seems that analysts Steve Milunoich of UBS and Katy Huberty of Morgan Stanly believe the price can be $399. I highly recommend you take the time and read the whole report here.

 Apparently Huberty believes that this new device is meant to have major impact in China. Recent reports say that Apple is losing market share here very quickly to local Android phones thus it would make sense to retake more share in this market. If Apple goes for a $399 iPhone 5C they could certainly do this, but it doesn't necessarily mean that this will be the most profitable move.

 Steve Milunovich from UBS seems to have a similar idea regarding Apple and their standings in Asia. He also believes that we can expect to see some sort of deal between Apple and China Mobile in 2014, something that has been rumored in the past.