Budget iPhone is called the iPhone 5C?
 

The iPhone 5 came snuggled inside a thick cardboard box, but what will the plastic iPhone be arriving in and what will it be dubbed as? A picture of what seems like the packaging for the budget iPhone have surfaced, revealing that the budget iPhone may actually be called the iPhone 5C at launch.

http://vr-zone.com/articles/budget-i...-the-iphone-5c