Referring to sources from the US Patent, JP Morgan reports that Apple plans in the fourth quarter to release a cheaper version of the iPhone, based on a series of iPod Nano players.
Apple is said to have sent a request to the US Patent Office for a “multi-functional device with a round touch controller,” similar to the one in iPod Nano.
Kevin Chang, an analyst at JP Morgan, says that you can take the price of an iPhone by iPod Nano to your phone, thereby releasing an apple phone model for less than $ 300.
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