Apple plans cheaper iPhone

Nano-styled model to be half the price, says analyst

Nano-Apple is planning to launch a cheaper iPhone based on the iPod nano towards the end of the year, according to a JP Morgan report.

Kevin Chang, an analyst with the firm in Taiwan, has based his prediction on information from ‘unnamed sources’ in the supply channel and a new patent application made by Apple in the US.

Read more: pcw.co.uk