https://finance.yahoo.com/news/apple-set-unveil-new-iphones-2018-163208198.html

Apple also is likely to announce a revamping of its “budget” offerings. An “iPhone Xr,” that could cost between $699 and $749 is rumored — the cost of a flagship model a few years ago. " data-reactid="25">Apple also is likely to announce a revamping of its “budget” offerings. An “iPhone Xr,” that could cost between $699 and $749 is rumored — the cost of a flagship model a few years ago.

This phone is expected to use aluminum instead of steel and an LCD screen instead of the more expensive OLED displays featured in the higher end iPhones. OLED screens don’t require any backlights like LCDs do and are higher quality, but the LCD is cheaper. The model will likely come in more colors than previously offered, and dummy leaks in colors like blue and red have emerged." data-reactid="26">This phone is expected to use aluminum instead of steel and an LCD screen instead of the more expensive OLED displays featured in the higher end iPhones. OLED screens don’t require any backlights like LCDs do and are higher quality, but the LCD is cheaper. The model will likely come in more colors than previously offered, and dummy leaks in colors like blue and red have emerged.