Rumor: Apple is Launching an 8 GB iPhone 5C This Week

iPhone 5cNews of the change first appeared in a purported internal email from German wireless carrier o2, which will list the handset for sale at €509 ($707), €60 under the current €569 ($791) cost of the 16-gigabyte model. The communique was obtained by German blog There is no word on what affect such an introduction would have on the availability of the iPhone 4s, which is currently the only iPhone available in an 8-gigabyte capacity and is often given away for free when consumers subscribe to a two-year service plan with a wireless carrier. Apple also sells an 8-gigabyte version of the older iPhone 4 in developing markets like China and India.  A move to replace the iPhone 4s and iPhone 4 could make sense, as those devices still use Apple's older dock connector technology and sport smaller, 3.5-inch displays rather than the 4-inch display introduced with the iPhone 5. Read the full story at Apple Insider.