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Tuesday, July 10, 2007

Apple Planning Cheaper Nano iPhone

Apple is planning to release a cheaper and smaller version of their popular iPhone, calling it the iPhone Nano for the moment. The mobile phone will cost somewhere around $300, accord to preliminary reports.

If other mobile phone companies fail to come out with better products soon, expect to see Apple dominating the market within a year. The iPhone Nano will not necessarily be under the same AT&T service contract as the iPhone, which could open up Apple to many new customers.

The phone business could be an absolute windfall for Apple. They don't make money on the phones, but on the various accessories and upgrades that people buy for them, including music collections and ringtones. A single 15 second ringtone can cost a dollar or more.
Apple plans cheaper, Nano-based phone - Wireless World - MSNBC.com


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