Apple will be introducing two iPhones – iPhone 5S and iPhone 5C – for the global mobile phone market.

While iPhone 5S is likely to be a premium phone, iPhone 5S will be a cost effective smartphone for emerging telecom markets.

Apple will be taking on both Samsung and Microsoft, which acquired the Nokia phone business for $7.2 billion. Apple never launched a cost effective smartphone in its history. The launch of iPhone 5C and Apple’s launch program in China on 11 September in the world’s largest phone market will be a significant change in its history.

The entire world is looking for the colourful iPhones on 10 September.

GizmoLead.com will be updating later.

Anand B
editor@gizmolead.com