iPhone nano rumors are getting momentum once again. Firstly Bloomberg claimed that Apple is working on a smaller and cheaper model of iPhone that is about one-third smaller than the iPhone 4. Now WSJ is reporting that according to people familiar with the matter Apple is working on a line of less-expensive iPhones.

WSJ reports that the codename of the iPhone nano is N97 and it’s about half the size of the iPhone 4, but lighter. The person who saw the iPhone nano’s prototype said that the device had an edge-to-edge touch screen and voice-based navigation. It’s expected that the new iPhone nano will cost around $199 off contract.

So why Apple needs a cheaper iPhone?

Answer is simple that Apple wants to dominate the mobile market and its only possible with a less expensive device. Moreover it’s also necessary to compete with the fast growing Android and the upcoming variety of Nokia’s Windows Phones.

This is a syndicated post, which originally appeared at MAGGadget. View original post.

Via: WSJ



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