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Cheaper iPhone expected on Monday as Apple counters drop in sales

The entry-level phone may give Apple a boost in the fast-growing Indian, Middle East and African markets

Published Mon, Mar 21, 2016 · 09:50 PM

San Francisco

APPLE Inc is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it looks to reverse a decline in worldwide sales of its most important product.

The launch of such a phone - expected to be called the iPhone SE - would represent Apple's second bid for the crowded mid-tier market after an unsuccessful foray three years ago.

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