What Apple's cheaper "iPhone Lite" may look like
cheaper iphone

Schematics of an alleged lower-cost iPhone surfaced this week and now AppleInsider has created these 3D renderings of what the device may look like based on the leaked blueprints. The device would pretty much look like a fatter version of the latest iPod Touch, including similar volume buttons.

Remember this is just based on supposed leaked blueprints and Apple also could have a number of possible designs., however we would really wouldn't be surprised if it something like these renders. 

Source: AppleInsider