Apple Inc. (NASDAQ:AAPL) could potentially launch two iPhone Lite devices in the near future. A recent report from China indicates that the Cupertino-based tech giant may be working on two ‘lite’ versions of the world’s most popular smartphone. These models were reportedly code named “iPhone Zenvo” and “iPhone Zagato/Bertone”.

apple iPhone ZenvoZagatoBertone

Apple iPhone Lite Devices Features

These devices will feature 4 inch displays and come in an array of colors, but the similarities stop there. The Zenvo will come with a dual-core processor and 1GB of RAM. The “Zagato/Bertone”  could feature an unidentified “HGP” processor and support for TDD/LTE. The devices will look very similar to the iPhone but they could be the cheaper versions we’ve been hearing about for quite some time.

CNET reminds us, “Before we get ahead of ourselves, it’s important to note that there’s no way to confirm the accuracy of the leaked documents. Apple Inc. (NASDAQ:AAPL) is notoriously secretive about its plans, and the company has been known to use decoys to throw folks off the scent of new products. In other words, as with all Apple Inc. (NASDAQ:AAPL) rumors, take this one with a grain of salt until the iPhone maker actually shows off a new device.”

Apple’s iPhone rumors yet to be confirmed

These rumors have yet to be confirmed. What is a likely scenario is that Apple Inc. (NASDAQ:AAPL) will release the iPhone 5S either in the late fall or early summer. Although we’re not expecting a significant change with the upcoming smartphone, there is more anticipation for the iPhone 6, which is set to arrive sometime next year.

The iPhone is the leader of smartphones and there are a lot of high expectations for the perennially popular device. The “lite” smartphones might sound like a good idea for Apple Inc. (NASDAQ:AAPL) fans.

Apple Inc. (NASDAQ:AAPL)’s smartphones are leading the way to more exciting phones. Everyone knows that the iPhone is the gadget to watch.