A cheaper version of the iPhone is on its way.
According to the Wall Street Journal, Apple has been exploring a cheaper version for years, but accelerated its plans after competition heated up with Google's Android phones.
The less expensive phone will look like a regular iPhone, but will be made from cheaper material.
Sources say it could hit the market later this year.
Your Friday will feature steadier showers and thunderstorms early giving way to scattered showers and thunderstorms throughout the day. We reach an early High of 64, followed by falling temperatures. Winds pick up out of the NW 10 to 15 mph. Right now the Memorial Day Weekend looks cool with highs in the low to mid 60s.