Apple iPhone Nano - Rumors

Apple Iphone hype refuses to die down with rumours of the iPhone Nano.

Just when all the hype about the launch of the Apple Iphone starts to die down someone goes and mentions the words iPhone Nano. These two words “Iphone” and “Nano” have helped to push Apple's share price up to an all time high. According to mobile phone analysts it is an almost certainty that Apple will launch a smaller cheaper iPhone in the coming months. The rumoured Iphone Nano will work using the dial controls instead of the touch screen navigation of it's bigger brother. The new model will have limited functionality and may even replace the Apple Nano Mp3 player altogether although this would detract away from there main business model of selling Iphones tied to a contract. Apple has set a target of selling 10 million iPhones worldwide by 2008, gaining roughly a 1% share of the cell phone market. The gadget is expected to go on sale in the UK later this year.