Apple To Release iPhone Nano

Seattle (dBTechno) - Reports are stating that Apple is working on the iPhone Nano.

According to Kevin Chang, an analyst at JP Morgan in Taiwan, Apple is hard at work and will soon release an iPhone Nano which will be far smaller and cheaper than the current iPhone.

The new iPhone Nano is rumored to be priced below $300 and be a much more affordable version of the iPhone.

Chang stated to Reuters that “We believe that iPod Nano will be converted into a phoen because it’s probably the only way for Apple to launch a lower end phoen without severely cannibalizing iPod Nano.”

He stated that if this happens Apple could easily sell 30 to 40 million iPhone Nano units because of its affordability.

Obviously it would have limited features compared to the iPhone, but it could be an interested development as reports state it will still have a touch bad.