According to a leaked document, the tech giant will allegedly release an 8GB version of its iPhone 5c budget phone.

The 02 Germany leaked documents were leaked to German outlet Caschy's Blog by a "trusted source." The document reveals that Apple seems to be planning for an iPhone 5c relaunch, and this time, the device will come with 8GB non-expandable memory.

Engadget notes that the alleged new 8GB iPhone 5c will be priced 60 euros less than its 16GB counterpart. And although the 8GB budget iPhone seems to be initially launched only in Germany, Engadget suggests that it might also be available worldwide, saying "if this trimmed-down hardware is appearing in Germany, it's probably going to launch everywhere else in the world, too."

Caschy's Blog says that according to the leaked documents, the alleged 8GB iPhone 5c "has the same features as the previous models" with "4 inch Retina display, A6 processor and 8 megapixel iSight camera."

As for colors, the alleged 8GB device will reportedly still be available in all iPhone 5c colors - green, blue, yellow, pink and white, says MacRumors. However, a Google-translated Caschy's Blog reads, "It is available in 5 colors to start, it will, however, be available only in blue and white."

Reports suggest that the iPhone 5c's not so impressive sales might be one of the reasons for the relaunch. Demand for the iPhone 5s' colorful and plastic-clad counterpart has reportedly fall into a slump, notes The Wall Street Journal.

The Wall Street Journal reports that Pegatron and Hon Hai, companies which put together the iPhone 5c, were told to cut down on production. Production may well be reduced by 20 to 30 percent, the report notes.

Apple currently offers consumers the iPhone 4S for free with a 2-year contract on most carriers. With an alleged March 18 release of an 8GB iPhone 5c, will consumers still be seeing the 8GB iPhone 4S up for grabs?