[Updated with later clarifications] Newswire agency Reuters has withdrawn a story in which Apple's Senior VP for Worldwide Product Marketing, Phil Schiller, was said to have all but ruled out the possibility of a cheaper iPhone. The story was based on a report
by the Shanghai Evening News. Now, though, Reuters says that the Evening News' story was "subsequently updated with substantial changes to its content." The original story is still online in China, but Apple asked the Chinese paper to clarify some comments.