Should You Believe This iPhone Rumor?

Next year, Apple (NASDAQ: AAPL) is expected to launch a relatively low-cost iPhone with a 6.1-inch full-face display similar to the one found on today's premium iPhone X, but with a key catch: Instead of using more advanced organic light-emitting diode (OLED) displays that offer better image quality and faster response times, Apple would instead use a cheaper liquid crystal display (LCD). 

According to a new report from Nomura Securities (as relayed by Business Insider), this low-cost LCD iPhone won't include Apple's 3D Touch technology, which allows the display to sense the intensity of a user's press. 

Image source: Apple.

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Source: Fool.com