The iPhone 12 was already rumored to be one of the most affordable flagship phones of the year. However, a new leak suggests that a new version with a very low price tag may be on the way.

According to an earlier leak from Jon Prosser, the 5.4-inch iPhone 12 is expected to start at $649, $50 less than the iPhone 11. And a $699 iPhone 11 Max with a larger 6.1-inch display is also expected. However, both of these devices are expected to feature 5G connectivity.

According to a tweet from leaker Omega Leaks, the 4G version of the iPhone 12 (if it materializes) will cost $549. And the iPhone 12 Max 4G would be $649.

This isn't the first time we've heard that the iPhone 12 will be cheaper. Last week, an analyst note by Daniel Ives of Wedbush Securities said that a cheaper version of the iPhone 12 with a 5.4-inch display may be on the way. And it would have all the same features as the regular iPhone 12, with the exception of 5G, he said.

Previously, John Prosser had predicted that the iPhone 12 Pro would start at $999 with 5G standard and the iPhone 12 Pro Max with a 6.7" display would be $1099 There are no rumors of a 4G version of the Pro model.

The iPhone 12 and iPhone 12 Max will feature dual rear cameras, while the iPhone 12 Pro series is expected to have three rear cameras, including a telephoto lens with optical zoom lens and a LiDAR sensor for improved augmented reality (AR) performance.

Is a 4G iPhone 12 possible? Possible, but given the amount of work required to optimize the phone for 5G in terms of modems and antennas, it may be difficult for Apple to make two versions of the iPhone 12 and iPhone 12 Max.

However, if Apple can make a successful 4G iPhone 12 for as low as $549, it could put a lot of pressure on upcoming phones like the OnePlus Z/OnePlus Nord and other handsets targeting that mid-range price point. and other handsets that target their mid-range price points.