iPhone 6 Release Date Rumors Indicate New Device will Not be as Cheap as Planned

The iPhone 6 was rumored to be cheaper when it debuts later this year, but now that may not be the case. Apple will continue to concentrate on the first-class market, according to IB Times.

Apple will not be nudged to offer low-priced products anytime soon. Needham & Company expert Charlie Wolf said to investors in a new investigation notification. He referred to the strategy that Apple has used in 2013, in which the iPhone 5S and iPhone 5C arrived on the marketplace bearing ritzy prices.

While the 5C was estimated by specialists as the economical iPhone, it costs over $500 unlocked and in some places like China the fee can cost more than $700. In addition, Apple CEO Tim Cook was far from being remorseful when he stated that his organization is not into the junk business, according to IB Times.

Needham & Company's Charlie Wolf explained why he believed the iPhone 6 will not be valued between $300 and $350 price range.

"The evidence suggests that Android users are switching to the iPhone in far greater numbers than users switching from the iPhone," wrote Wolf to Apple Insider. "In a saturated market, we believe, if anything, that the migration of Android users to the iPhone will accelerate, absent significant price cuts on Android phones. Obviously, growth will slow. But we don't believe it will stop."

Many experts predicted the iPhone 6 release date will occur in the second half of 2014. According to IB Times, the iPhone will include features like Liquidmetal casing, sapphire glass/coating, 64-bit A8 processing chip, portable solar panel that allows uninterrupted wireless charging and iOS 8.