Ipod Nano Phone

We interrupt this search program...to conduct a little experiment :)
Ok, JP Morgan released a report today claiming Jobs and co plan to launch a cheaper version of the iPhone. This phone will be based on the Pod Nano.
Why would Apple do this?
According to the report, this would serve as a low-cost entry point, without compromising the marketing for the iPhone.
"We believe that iPod Nano will be converted into a phone because it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano,” Chang said.
He continued that the device would feature “rather limited functionality.” Like, you know, getting rid of dialing mechanisms altogether.
Despite the iPhone's touch screen being a major draw to the device, JP Morgan theorizes that a relatively low-priced nano-phone could draw sales of 30 to 40 million units in 2008."





