Apple’s iPhone 5C To Make Dent In Latin American Market?

iPhone Original/3G/4/5

iPhone Original/3G/4/5 (Photo credit: Yutaka Tsutano)

Apple’s new iPhone 5C was supposed to be the iPhone 5 Cheap, that is, a markedly less expensive alternative that would lead Apple’s charge into promising markets like China and Latin America.

But on Tuesday, investors and consumers were introduced to a phone markedly the same. The iPhone 5C was launched at a starting price of $99, for a 16GB version with a two-year contract, and $549 without a contract. Comparably, the oldest iPhone on the market, the 4S, is being sold for $450 without a contract. Not exactly a revolutionary difference in price.

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