8GB iPhone 5C rolled out; iPad 2 replaced with 4th-gen model

|By:, SA News Editor

As rumored, Apple (AAPL) has rolled out an 8GB iPhone 5C in European markets. The device goes for £429 ($712) unsubsidized in the U.K., or £40 ($66) less than the 16GB model. Apple hasn't yet begun offering the 8GB model in the U.S., nor has it discontinued the 8GB iPhone 4S (£349 in the U.K.).

Also: Apple is discontinuing the iPad 2, and will now offer the 4th-gen iPad at the iPad 2's old price points (16GB Wi-Fi-only model goes for $399).

While thicker and heavier than the iPad Air (starts at $499), the 4th-gen iPad boasts much better specs (retina display, A6X CPU vs. A5, 5MP rear camera vs. 0.9MP) than the iPad 2. Apple's October decision to keep the iPad 2 in its lineup following the Air launch, rather than offer the 4th-gen iPad at a discount, had raised eyebrows.

26M iPads were sold in Q4 (+13.5% Y/Y) at a $440 ASP. IDC put the tablet's Q4 share at 33.8% (-440 bps Y/Y).