Jonny Evans in Computerworld says the rumored iPhone nano is a no-no:
Apple will introduce a smaller and cheaper phone, but it won’t be called the iPhone nano… It will boast some form of ARM processor, 8GB flash memory. It will cost under $200 and you might be able to insert your own SIM into the device, so will surf carriers and countries at will… I think Apple will sell millions of these things when it does eventually introduce them just in time for the Christmas 2011 market (maybe).
And, just like the original iPhone…
It will be an utterly disruptive move.
To recap, it won’t be called an iPhone nano. It will be priced, unlocked, ready to use anywhere, at an affordable $200. It will be smaller, lighter, but not much storage and probably connect to Apple’s upcoming cloud services. If it runs apps from the App Store it will be a killer product. Disruptive indeed.