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More Details Emerge On The iPhone Lite

A recent Bloomberg article entitled "Apple Preparing Faster iPhone For September" is getting plenty of media buzz. Essentially, it says the new iPhone 5, due in September, will be better and faster, with an improved camera. But the big reveal is actually somewhat buried: According to Bloomberg's sources, Apple 's also got a "cheaper version of the iPhone aimed at attracting customers in developing countries" on the way.

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