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Analyst Speculates on iPhone nano

Kevin Chang, a JP Morgan analyst based in Taiwan, is speculating that Apple may look to "launch a cheaper version of the iPhone in the fourth quarter that could be based on its iPod nano music player."

Back in May, we reported on a patent filed by Apple shortly after MacWorld depecting what appears to be a smaller "nano" inspired iPhone. Chang projects Apple could ship 30 million to 40 million units in 2008 if it were priced at $300 or lower. "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."

Source: macnn

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