iPhone nano Could Join iPhone 5 This Summer
The iPhone nano is rumored to be joining the iPhone 5 this summer, along with an improved MobileMe service.
Steve Jobs is reportedly overseeing the work of what can only be described as "exciting things to come". The rumored iPhone nano will according to the WSJ be a cloud phone to work seamlessly with Apple's data center in North Carolina, which will provide an expanded and improved MobileMe service.
While Steve Jobs himself declined to comment on the project, the idea here is rumored to be as follows: Apple is making a smartphone with an Apple A4 chip, HSPA+ connectivity, edge-to-edge screen and limited local storage. WSJ's source describes it as about half the size of the iPhone 4. It's supposed to cost a little more than $300 unlocked.
This price would probably include around $50 to $75 in component costs and around $250 for other costs such as software and hardware engineering. It basically means that Apple is preparing to cut premium fees and then some that is currently associated with the traditional iPhone.
Apple COO Tim Cook earlier this year told investors that the company considers the mainstream market as important for iOS in the years ahead, and it didn't sound like he was talking about the iPhone 5 or iPhone 4. For the last few months, Apple has also warned investors about lower profit margins ahead. In other words, it's been clear for a while that Apple is about to make a new move of some sort.
It's difficult to find something more fitting than an iPhone nano to explain that move after this leak. The initial iPhone nano rumor was clearly on to something, but what the WSJ is presenting today makes the case more solid. It's also a fact that Apple chip production is about to reach new heights, while significant display investments are being made for late 2011 and beyond.
Would an iPhone nano become an instant hit and give competitors yet another nut to crack, especially with the potential iCoin and all? Well, like we said about the iPhone nano the other day: Apple tends to balance on a fine line between brilliant and useless, so we'll simply have to wait and see how the iPhone nano and the MobileMe service will perform when it hits store shelves later this year.
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