Apple Developing New Cheaper iPhone?

Ooooh well look what we have here. According to Bloomberg and the Wall Street Journal, Apple have been considering an ‘iPhone Nano’ for a while now, although we doubt ‘iPhone Nano’ will be the name it has, if they were ever to produce and market such a smartphone.
On top of Bloomberg and The Wallstreet Journal The New York Times have now joined in, although they claim that Apple will not be releasing mobile phones like this any time soon, and stated that “Apple is not currently developing a smaller iPhone,” and that the company is “not planning to introduce a smaller iPhone anytime soon.”
So there we have it, two sources state that Apple are developing new smartphones, and one say’s it isn’t. We’ll just have to wait until the Apple event to find out exactly what’s what.
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