While this might seem like an odd move for Apple, AppleInsider claims that there are two 28nm classes of Qualcomm Snapdragon chipsets – the 400 and 800 series. Both series offer on-board communications such as the standard cellular modem, Bluetooth and WiFi, which could ultimately save Apple money which we guess is the whole point behind the low-cost iPhone in the first place. Rumors of a low-cost iPhone have been floating about for quite a while now, with suggestions indicating a plastic body much like the iPhone 3GS to help the Cupertino company capture the emerging market. Of course it remains to be seen if such a situation will play out, but it’s definitely worth taking into consideration.