Via flickr user Ricky Romero

We here at Brokelyn are not ignorant to the hypocrisy of complaining about insufficient rent and beer money while still shelling out for a $600-plus phone. But without an iPhone, you can’t access certain luxuries — like the having the ability to fake a totally awesome Friday night, for instance, or finding free condoms — so forgoing a few meals/ConEd bills is worth it, right? Luckily, the folks over at Apple seem to have felt our pain, because insiders say a cheaper iPhone will be on the market this summer. Guess we’re going to get some new Instagram friends!

Rumors have been swirling about cheap iPhones for a while, and the new phone hasn’t been confirmed by Apple yet. But an analyst in-the-know says the phone could come out as early as June and will cost around $300 without a contract, which is more than half of an iPhone 5’s starting price ($649). Last month, Apple got a patent approved for a cheaper, all-plastic phone with no home button, so it’s fair to assume that’s what our budget-friendly iPhone will look like. The company is also reportedly floating around the idea of making phones with different screen sizes (and, thus, more cost-friendly), but we’re really just hoping that if this cheaper iPhone does happen, GoogleMaps won’t fall victim to the price-slashing. It’s hard to navigate Prospect Heights when your phone thinks you’re in Maine, after all.

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