Apple has allegedly asked supplier Hon Hai Precision Industry Co to start shipping high end and low end versions of the iPhone next month. If so, then the budget iPhone rumor is real.

Apple is apparently going to reveal a cheaper, pared down iPhone 5C that could come in various colors and have a plastic back. It's been a long time coming already, but what we're guessing is, the size wouldn't be changing, which is a shame. Anyway, we'll know more on September 10.

Till the next big reveal.