Apple is bringing back the iPhone 4 as a low cost option for customers in India, Brazil, and Indonesia. The company decided to start selling the older model in those markets to hit a more affordable price point, and it marks the first time Apple has restarted production of a discontinued product.
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Bringing back the iPhone 4 shows just how important India is for Apple. Ot may be an older model, but local retailers and Apple thing it can still be a big seller. If so, it'll help the company win back marketshare it's losing to Samsung's low cost smartphones.