Apple iPhone nano coming in this year: JP Morgan
By Will Park on Monday, July 9th, 2007 at 7:24 PM PST In Apple, Devices, Rumors, iPhone
Reuters is reporting that JP Morgan analyst Kevin Chang believes that Apple (NSDQ: AAPL) is working to push a new, cheaper iPhone out its doors later this year. Chang cites sources in the “supply channel” and the recent Apple patent application filing.
The new iPhone will be based on the Apple iPod Nano’s design, as we expected – providing a simpler, and less-frill-filled device for the lower-end users still wanting an Apple phone.
Chang stated, “We believe that iPod Nano will be converted into a phone because it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano.”
[Via: Reuters]
Even if the Nano iPhone is in the works, I dont really think its destined for this quarter. Neither do I think that the patent is a direct clue to it.
Ive written down some detailed opinion on my blog here:
http://abhishek-myspace.blogspot.com/2007/07/apple-iphone-nano-hoax-or-reality.html