Apple To Release 4.5-inch iPhone In 2014, Will Feature A Polycarbonate Body, Priced At $330 [Report]
Apple finally, contrary many of its earlier claims, released the smaller and cheaper iPad mini towards the close of 2012, and although it perhaps didn't hit a price point to suit those dazzled by the powerful-yet-inexpensive Nexus 7, it has enjoyed a solid first six months in the market. With that release in mind, the seemingly omni-present rumors of a cheaper, smaller iPhone have suddenly gained traction, and according to a report over at Japanese blog Macotakara, the Cupertino company has "deferred" such plans until next year.

