Apple has introduced a cheaper version of their (not-so) budget-minded iPhone 5C. The new version packs a meager 8 GB of internal, non-expandable storage and has been priced at £429, which would translate to around $499 in the US. However, as of now, the new 8GB iPhone 5C has been added to Apple Store pages in the UK, Germany, Australia and China, so we aren't completely certain if Apple is even targeting the US with this new release.