<p>A new model aimed at building market share in countries such as China and Brazil will combine styling cues from across the existing iPhone and iPod range.</p><p>As rumors continue to surface that Apple is planning a low-cost iPhone to build its customer base in China and Brazil, one site, iLounge is claiming to have seen a prototype of the handset.</p><p>According to iLounge's sources, the phone will have the same 4-inch Retina display of the current flagship iPhone 5 but won't be finished in a streamlined anodized aluminium shell. Instead it will take design cues from the latest generation of iPod Touch devices and even the iPod classic.</p><p>APPLE MIGHT RELEASE 3 NEW IPHONES</p><p><a href="http://www.nydailynews.com/news/national/details-apple-budget-iphone-article-1.1250177">Keep reading...</a></p><p>Read also:</p><p><a href="http://news.cnet.com/8301-13579_3-57566372-37/low-cost-iphone-will-be-like-a-plastic-iphone-5-claims-site/">Low-cost iPhone will be like a plastic iPhone ...</a> (CNET)</p><p><a href="http://www.forbes.com/sites/anthonykosner/2013/01/28/pictures-of-a-budget-iphone-for-the-chinese-market-leaked/">Pictures Of A Budget iPhone For The Chinese Market Leaked</a> (Forbes)</p><p><a href="http://www.businessinsider.com/apple-will-soon-sell-a-much-cheaper-iphone-5-2013-1">Apple Will Soon Sell A Much Cheaper iPhone 5 [REPORT]</a> (Business Insider)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dJdFhwNqmA4edsM-46OB6_hFkbMrM&ned=us">31 additional articles.</a></p>