iphone-air-concept(IBTIMES) The iPhone has been the dominant smartphone for the better part of the last decade, but if there?s one truly prohibitive aspect of the iPhone, it?s the price. Sure, Apple Inc. (NASDAQ:AAPL) is considered a luxury brand, but without carrier subsidies, the iPhone can cost almost as much as a laptop, especially in other countries. For example, a 16 GB iPhone 5 costs $1,329 in India, which is about twice the price of the same unsubsidized model in the U.S.

Luckily for cash-strapped consumers, Apple is slated to release two new iPhone models this year for the first time, including a high-end model called iPhone 5S and an inexpensive model aimed at lower tax brackets and emerging markets such as India and China. Some believe Apple will call the latter device the iPhone 6, but we think the company will adopt simple nomenclature and call it iPhone. Regardless of its name, many consumers have shown deep interest in this cheap iPhone model and want to know when its release date will arrive. We?ve done some math, and we believe we?ve figured out Apple?s release date timetable for the iPhone 6. We believe Apple will release the iPhone 6 on Sept. 27.

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