Apple Planning iPhone Nano?

First there was the rumor that Apple was planning a “phone-less” iPhone for music lovers, now analyst believe that Jobs & Co. are planning an iPhone Nano.

"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," he said noting that the new phone could have "rather limited functionality."

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