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Apple to release cheaper iPhone X in 2018 costing HALF the price of the original, claims analyst

(Image: Getty Images Europe)

Apple's upcoming iPhone X refresh could include a much cheaper handset with a price around HALF as much as the current £999 smartphone.

That's according to Ming-Chi Kuo, an analyst at KGI Securities who specialises in predicting Apple's movements.

He reckons the top tech firm will reveal a 6.1-inch version of the iPhone X that could cost as low as $550 - roughly translated to £390.

The reason for the dramatic drop in price is that Apple will downgrade the screen quality from expensive OLED to cheaper LCD.

It will still have the all-screen look of the iPhone X, including the notch, but won't be as visually dazzling as the current option.

According to Kuo, the new iPhone will also come with a dual-SIM version, meaning a user can run two separate numbers on the same handset.

Kuo said the addition of a cheaper version could “help increase market share in China and commercial markets,” according to 9to5Mac.

Alongside this cheaper iPhone X, Apple is also expected to release two other new phones: a 5.8-inch standard refresh of the current £999 iPhone X and a larger 6.5-inch iPhone X Plus with an OLED screen.

We'll have to wait until the autumn to find out for sure as this is traditionally when Apple unveils its latest devices.

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