Apple is expected to launch a new iPhone in the coming weeks. Images and videos of what’s being rumoured to be a budget iPhone – or the iPhone ‘Lite’ – has surfaced online. This new iPhone will reportedly come with a plastic build, 4-inch display and multiple colour options. Additional proof of this new Apple device has popped up, courtesy of WeiPhone, and potentially shows its final retail packaging. A picture reveals a bin full of boxes indicating this budget iPhone will go under the brand name of “iPhone 5C. ” Some speculation is that the C stands for ‘colour.’ This, or course, is still a rumour until Apple officially announces the device. The new low-cost iPhone could possibly be released in August or September.