Some rumors, leaked emails and an image of a retail box suggest that Apple is all set to launch a cheaper 8GB iPhone 5c model on March 18. According to some reports, 8GB model is already in stock and ready for deployment after an official Apple announcement.
An internal leaked email from O2 Germany details the availability of the 8GB iPhone 5c. The 8GB model will cost 60 euros less than the current 16GB model.
Source: Engadget