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Apple iPhone 5C: Company to Phase Out Smartphone For Larger Screen iPhone 6 and Future Products

Jan 23, 2014 03:19 PM EST | By Justin Stock

Apple will phase out its cheaper iPhone 5C smartphone when its enlarged screen iPhone 6, and other devices come out The Wall Street Journal reported Thursday.

Apple's next smartphone's display is expected over 4.5 inches, with its second device anticipated larger than five inches The Journal reported.

"We continue to expect a 13 ' iPad to debut this Sept. and be accretive to overall iPad units as we believe it will likely run both MacOS and iOS, further blurring the lines between tablets and PC's and suggesting this product could finally fill the demand wedge for content creation on a tablet,"Apple told Forbes.

The iPhone 5C is $100 less expensive than the premium 5S with an initial price at $649 for the 16 gigabyte model Investor's Business Daily reported.

Apple predicts it will sell 33 million to 36 million new iPhones during the fourth fiscal quarter also known as the holiday quarter in a projection that could top 50 million.

Apple's iPhones hit the market in China Jan. 17, and have since sold over 100,000 Investors Business Daily reported. China Unicom's 150,000, and China Telecom's 120,000 Investors Business Daily reported Monday.

China's Ministry of Industry and Information Technology gave 4G licenses to China Mobile, China Unicom, and China Telecom in early December Information Week reported. This has led to the company being able to offer the smartphone Information Week reported. The acquisition created the opportunity for Apple to become a part of Apple's vast list of subscribers that is seven times the size than its competitor Verizon, the most prominent mobile company size wise Information Week reported.

China Mobile and Apple previously discussed joining forces to offer products over the years Investors Business Daily reported.

Apple was hesitant at first to bring its iPhone product to the mobile carrier's 3G system Investors Business Daily reported.

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