Reuters: Apple Considering 5.7-Inch iPhone and Budget $100 ModelReuters is reporting that Apple is planning to extend its range of iPhones with new larger-screened phones and a colourful lower-cost version.

Sources, "including those in the supply chain in Asia", have told Reuters that Apple is considering new phones which boast screens of 4.7 and 5.7 inches. The sources claim that, if Apple goes ahead with the plan, the phones would go on sale next year. It may pay to be at least a little wary of the rumor,not least because the idea of a 5.7-inch iPhone seems really quite ridiculous—iPad Micro, anyone?—but it's not beyond the realms of all possibility.

The same sources also suggest that Apple is toying with the idea of a lower-cost phone, and that the company has discussed a $100 price point. It's said the cheaper version would come sporting a plastic case, in several different colors. It's not clear if the price point is off-contract or carrier-subsidized, but the latter would be fairly underwhelming.

Reuters goes on to speculate that Apple will roll out an iPhone 5S later this year—mentioning, bewilderingly, just a fingerprint sensor as a new feature—alongside that $100 budget model.

There has, of course, been plenty of speculation about a cheaper iPhone, though Tim Cook has flatly denied the idea. That obviously suggests the rumor need be taken with a rather large grain or two of salt—but with so much speculation flying around, it seems it could at least be an interesting time for the ol' iPhone. [Reuters]