With all the ruckus over the iPhone beginning to subside, a new rumor began setting people’s hearts a-flutter. Kevin Chang, a Taiwanese analyst for firm JP Morgan said that he believed a scaled-down version was in the works. This (iPhone mini? iPhone nano?) device is supposedly targeted at consumers who wanted a cheaper version, and didn’t mind forgoing the lack of a touchscreen, which is actually the main selling point of the iPhone. The new product was said to use Apple’s Click Wheel as its input source.
This rumor went hand-in-hand with a patent filed by Apple with the FCC that actually showed the schematics. Before you start planning to line up outside your nearest Apple store, you should know that JP Morgan released an official announcement contradicting the report. Well, they didn’t say it wouldn’t happen, only that it wouldn’t happen any time soon.
However, an interesting fact gleamed from JP Morgan’s official statement is that the company does believe that a 3G version of the iPhone is on the way for an 1H 2008 release. Only time will tell if this proves to be more accurate than the iPhone-on-the-cheap rumor.
Read on for the JP Morgan retraction.
[via TUAW]
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