Apple's upcoming budget plastic iPhone could be named the iPhone 5C thanks to a photo of possible packaging. See also: Live coverage of Apple event from Cupertino, California.
See also: iPhone 5C review.
The photo, posted on WeiPhone forum, shows multiple packing units clearly marked with 'iPhone 5C'. The packing does look very Apple-like but there's no way of knowing if these are part of some kind of hoax. See also: New iPhone 5S, iPhone 6 release date UK: When will the new iPhone arrive?
S for 'speed' is normally the addition given to iPhone model names to signify a new and upgraded version. So using a different letter for a lower-grade budget model makes a lot of sense. (See also: iPhone 5C vs iPhone 5S comparison review: what's the difference between iPhone 5C and iPhone 5S?)
There are a few possibilities for what the C could stand for including 'cost', 'cheap' or 'colour' since the budget iPhone is rumoured to be released in multiple colour options.
If this is the case, it's likely that we'll see it launch alongside an iPhone 5S rather than the iPhone 6. There has been much confusion over which would turn out to be which over the last few months.
The iPhone 5C, if it's not a myth, would be a chance for consumers unable to afford Apple's premium prices to own an iPhone.
It's been a quiet year for Apple so far with no new iPhone or iPad models yet, although iOS 7 has been announced.
New iPhone models are expected to be unveiled in September, whether it's the iPhone 5S, iPhone 5C or iPhone 6, or a combination remains to be seen. The iPad 5 mini and iPad 2 are expected to arrive shortly after the iPhones.