iPhone Release Date for Two Budget Smartphones? Apple Might Give Double the Options

iPhone release rumors keep coming in, with the latest being over news by the Chinese social network Weibo. 

They have opened up the debate that not only is Apple making a cheaper "budget" model of the iPhone to release, but is actually working on two different versions of the phone. 

The cheaper of the two budget iPhones has the code name Zagato. It will include a 4 inch screen display, the Samsung 'HP5' dual-core processor, FDD 4G LTE, 1GB of RAM and Bluetooth 4.0 connectivity. 

The higher end of the two has the code name Bertone. It will include a 4 inch screen display, the 'HP6' processor and TDD 4G LTE, which is very popular in the Chinese market. 

Even though the screen size of both phones will be the same as the iPhone 5, with them being cheaper devices, it is expected that the retina display would not be as strong. 

The leaked photos appear to have colors of the budget iPhones in blue, green, yellow, pink and white. 

There are no confirmed prices for these budget iPhones as of yet, since of course it is not even certain that they are hitting market officially. 

You can see the colors in a leaked photo by Techradar HERE. 

Do you think these budget iPhones will actually all surface or are these simply rumors. 

Would you buy a budget iPhone?