iPhone 5S, low-end iPhone with no Retina display reportedly launching this summer

iPhone 5S, low-end iPhone with no Retina display reportedly launching this summer:
It looks like Apple (AAPL) will finally break from its historical launch pattern and release two new iPhones in 2013, including the "budget iPhone" that Wall Street has been starting rumors about for at least three years now. Numerous reports from newspapers, blogs and sell-side analysts have insisted that Apple is planning a new entry-level iPhone model that will launch alongside the "iPhone 5S" this coming summer. A recent report from a plugged-in industry watcher suggested the affordable iPhone will be released in the late summer months featuring a plastic case and the same 4-inch Retina display from the iPhone 5, but a new note from RBC Capital claims otherwise.

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