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iPhone 5 and ‘Simplified iPhone 4’ Coming in October to China Telecom?

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The latest iPhone rumours come from Ticonderoga Securities analyst Brian White, speaking to Sohu.com via AllThingsD. China Telecom has apparently reached a preliminary deal with Apple to sell two models of the iPhone in October. One will be the iPhone 5, and the other a ‘simplified’ iPhone 4:

“According to Sohu.com, China Telecom will offer two types of iPhone that include the iPhone 5 and a ‘simplified iPhone 4,’” says White. “Essentially, this potential ‘simplified iPhone 4′ would be a more economical version of iPhone to target a broader customer base in developing countries such as China, allowing for an expanded market opportunity.”

White estimates China Telecom’s subscriber base of 13-15 million could involve iPhone revenues of $8-9 billion, but with a ‘simplified’ iPhone 4, that opportunity could be much larger. We’ve heard rumours about a ‘cheaper’ iPhone from Bloomberg before.

AllThingsD previously reported the iPhone 5 would launch in October instead of September, and this report appears to support the former.

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