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The new Apple Iphone Lite The version of Iphone 5 with a little bit modification

A latest News this Friday says that the Apple Iphone's new version as well as a lite version of the iphone 5 will be announced till this 18th September. The new lite version of the iphone will be an iphone 5 with cheaper build costs, colorful shells and cheaper internal products. The cheaper costs will be due to a build of many plastic components.
The new lineup will replace the apple iphone 4S with the apple iphone 4. Its cost is expected to be between 300 to 400 Dollars.
The News report also says that the after the announcement the phones will be available till 27th September
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