Apple Nano iPhone: based on ultra-slim iPod Nano music player

The only two factors I can see stopping some people buying an Apple iPhone is the size and price of the device, now Apple has plans that will appeal to these types of users.

Apple is planning a much cheaper and Nano-based iPhone which is reported to be priced at around $300 or lower.

The new phone is planned for the fourth quarter of 2007 and according to a JP Morgan report the new iPhone could be based on the ultra-slim iPod Nano music player.

This news has come to light from different sources including an application with the U.S. Patent and Trademark office, the patent referred to a multifunctional handheld device which also included a circular touch pad control (this is very similar to the iPod Nano’s scroll wheel).

So what do you think would a lower end Nano type iPhone be for you?
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