Iphone 5 International Edition iPhone will cost around 200$

Apple's new smartphone generation model will have three different sizes, targeting multiple market segments and compete with rival Android.

According to Bloomberg, the model of the iPhone 5, product size is only two-thirds of iPhones at the same price, only 200 USD (about 4 million) without a contract with the carrier. 4 iPhone sold out at prices ranging from 200 to 300 USD with 2 year contract.

Apple iPhone production is cheap.

In addition, this website also said the iPhone will run five more different networks such as GSM and CDMA. Expected, the product will be released this summer.

The production of small cheap iPhone shows Apple is looking to add new customers, with average incomes where Nokia and Google Android are the majority market share.