Essentially, it's an iPhone made from a cheaper, plastic material. But despite the myriad of rumours going back maybe six months now, I still have a hard time believing Apple would go budget. This concept certainly looks the part, I guess.
I'm willing to be proved wrong, but do you reckon anyone would buy a cheaper, colourful iPhone like this? Who the hell am I kidding? Of course they will. There'll probably be fights out in the street over the candy-coloured things. [Techdy via 9to5Mac]