Nokia Asha 501: £65 budget phone with 48 DAYS of standby battery life Handset aimed at consumers who cannot afford a smartphone Boasts 17 hours of talk time, 56 hours of music playback and 48 days of standby time - and one model can hold two sim cards Comes as Apple believed to be preparing budget iPhone Nokia has revealed a budget phone with a 48 day standby time. The Asha 501 is aimed at people who cannot afford a smartphone, but want to upgrade. Nokia has worked with developers such as Facebook and Twitter to make apps for the phone. Dimensions: 99.2 x 58 x 12.1 mm; 91 grams Camera: 3.2 MP Talk time: up to 17 hours Memory: 4GB (card included in box), expandable up to 32GB Available colours: Bright Red, Bright Green, Cyan, Yellow, White and BlackForty free EA Games worth €75 downloadable from Nokia Store It offers 17 hours of talk time, 56 hours of music playback and 48 days of standby time on 2G networks, the Finland based phone manufacturer says. 'The new Nokia Asha 501 raises the bar for what is possible in affordable smartphone design and optimisation,' said Timo Toikkanen, executive vice president, Mobile Phones, Nokia. The synergy between the physical design and the engine that is the new Asha platform has created a smartphone with both style and substance at a great price. It comes as Apple is believed to be preparing a budget version of its iPhone with a plastic case, which could go on sale later this year according to some reports. Nokia says it's aiming to make "high-end design and quality accessible to more people" with the launch of its new Asha 501, 1200 mAh battery and accompanying software platform. Experts say the handset could prove popular with budget buyers. 'Nokia has surpassed expectations of what's achievable in the sub-100 USD phone category with a new Asha handset that is unlike any other, with design cues from Lumia and a mix of features, services and affordability that is valued by price-conscious buyers,' said Neil Mawston, executive director, Global Wireless Practice, Strategy Analytics. This is a welcome addition to the market and a refreshing option for consumers looking to upgrade from feature phones. The company's new Asha mobile operating system has already attracted app developers from some of the most popular content creators for Apple's iOS and Google's Android. The Asha 501 will be available in Asia Pacific, India, the Middle East, Africa, Latin America and Europe starting June 2013 for an unsubsidized cost of £65 ($99), a Nokia spokesperson told ABC News.