Do you remember the name "John Sculley"? For 10 years, he was the CEO of Apple, but many people don't know who he is. The guy who oversaw Apple's first golden age is back with a pair of low-cost phones.
Now he's competing against his former company with the release of the new Obi Worldphone.
The two smartphones have large displays, staple Android designs and powerful internal processors. This means that you don't have to sacrifice quality to save money. The fancier of the two models, the SF1, will run you $199 unlocked and the other, the SJ1.5, costs $129.
"The Obi Worldphone no-compromise design and aggressive pricing makes it very appealing to this audience as the market for smartphones expands and the upgrade market for smartphones accelerates," said Tim Bajarin, president of Creative Strategies, Inc. of San Jose, California, a 35-year market analyst and research firm evaluating the global adoption of consumer technology.
Which will be helpful over the next few years when Bajarin suspects over 1 billion people will be upgrading their older smartphone models.
As of right now, the Obi Worldphone is set to be released this October and company officials are striving to reach at least 50 markets by the end of 2017.
So keep your eyes out for this sleek (and cheap!) new smartphone. We'll keep you posted as we hear more details about this cool new phone, so stay tuned to what's Happening Now for the latest information.