Apple’s new Budget iPhone will be called the iPhone 5C. But what does the C mean? Apple has had a long history with adding short letters before and after product names, take for example the iconic “i” from iPod, iMac, iPhone etc. which stands for “Internet,individual, inform, instruct, inspire” The S behind the iPhone’s as in iPhone 3GS and iPhone 4S stand for “Speed”.
See Also: iOS 7 Available September 18
But now with the cheaper version of the iphone called iPhone 5C, get it? the “C”heaper version of the iPhone 5 in which we believe the C stands for Cheap, Choice and Colourful. The iPhone 5C will be available on September 20, 2013
You can watch the video of the presentation of the first iMac here, where Steve explains the meaning of the “i”