Dust off those iPhone nano rumors!
Bloomberg is reporting that Apple is working on a smaller, cheaper version of the iPhone for sale off contract. The prototype was about one-third smaller than the iPhone 4, said Bloomberg’s source. (kinda like a HP Veer?)
To keep prices down, the smaller phone will use a processor, display and other components similar to those used in the current iPhone 4.
As we already found out, Apple’s also has a Dual Mode iPhone in the pike for the summer time:
Perhaps the most interesting aspect of the report is that Apple is working on a Universal SIM which would allow users to jump from network to network. A move like this would really hurt the carriers who have been able to corral their customers with long term contracts against expensive phone subsidies.
It would also be a significant drop in price. Currently, an iPhone 4 costs $600 off contract.
