Apple to introduce $99 or $149 iPhone on Monday, analysts say

Apple plans to provide a cheaper version of its popular iPhone on Monday, may help the company increase its market share in smartphones, according to a Financial Times report.Analysts said in the article that Apple wants to show a $ 149 phone and $ 99 on your phone in the world developer conference. Currently, the lower price of the device is $ 199, subsidized in exchange for AT & T contract.The