Cracking your iPhone 5 display results in an expensive repair and a few days without your handset if you took it to an Apple Store. That’s because Apple currently charges $229 and ships your handset off to be repaired. But that’s apparently set to change before June is over.It’s expected that Apple is planning on introducing in-store iPhone 5 display repairs this month at the reduced cost of $149 (although $199 is also rumored to be the new price point). In so doing, it is thought the company will save in the region of $1 billion a year by dealing with repair requests in-house and on-site. Dropping the price also brings the cost in line with what customers who take out AppleCare+ typically pay ($99 up front and then $49 per device repair).For the consumer, it’s not just the lower cost that’s desirable, it means you should get your smartphone back much quicker and won’t have to cope with using a refurbished unit until it’s ready.As well as introducing in-store display repairs, next month Apple is also expected to introduce camera, sleep/wake button, and even logic board repairs without your handset leaving the store.We could also see the AppleCare service overhauled to become a subscription tied to an individual rather than the devices they own. That makes sense as Apple wants its customers purchasing an iPhone, iPad, iPod, and iMac/MacBook. Linking AppleCare to the customer rather than per device should make it an easier sell and a cheaper option, although I’d still expect subscription tiers based on how many devices you own.