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Apple may introduce a new 8GB iPhone 5s model for emerging markets and the much-rumored lower-cost iMac at next week's Worldwide Developers Conference, according to a new research note from KGI Securities analyst Ming Chi Kuo



From MacRumors:
As iPhone 5S is a highly popular model, we predict Apple may launch an 8GB version to boost market share in emerging markets.Kuo notes that Apple may not announce the new 8GB iPhone 5s model on-stage at WWDC, but will possibly debut the phone around the same time.
  Apple May Introduce 8GB iPhone 5s and Lower-Cost iMacs at WWDC