The good news: The iPhone is out and people seem to like it.
The bad news: It doesn’t come with its own two bedroom apartment As a result, you’re going to be forming a relationship with your friend’s couch over the next month.
This situation may improve within a few months, as Kevin Chang, an analyst for JPMorgan was recently quoted as claiming that Apple plans to launch a cheaper version of the iPhone in the fourth quarter.
According to Reuters, the revised iPhone would be based on Apple’s current iPod Nano digital music player. Chang cited sources within the supply channel who asked not to be named and pointed towards a patent filed with the United States Patent and Trademark Office dated July 5th. The patent application detailed a multifunctional handheld device with a circular touch pad control similar in appearance to the scroll wheel on the iPod Nano.
To date, Apple has declined to comment on the rumors.
Chang has also stated that Apple would do well to follow up the iPhone with a cheaper version priced around US$300 or lower. The current, first revision iPhone retails for US$500 and US$600 for the four and eight gigabyte models, respectively.
If you have any thoughts or ideas on this, let us know.

The good news: The iPhone is out and people seem to like it.
The bad news: It doesn’t come with its own two bedroom apartment As a result, you’re going to be forming a relationship with your friend’s couch over the next month.
This situation may improve within a few months, as Kevin Chang, an analyst for JPMorgan was recently quoted as claiming that Apple plans to launch a cheaper version of the iPhone in the fourth quarter.
According to Reuters, the revised iPhone would be based on Apple’s current iPod Nano digital music player. Chang cited sources within the supply channel who asked not to be named and pointed towards a patent filed with the United States Patent and Trademark Office dated July 5th. The patent application detailed a multifunctional handheld device with a circular touch pad control similar in appearance to the scroll wheel on the iPod Nano.
To date, Apple has declined to comment on the rumors.
Chang has also stated that Apple would do well to follow up the iPhone with a cheaper version priced around US$300 or lower. The current, first revision iPhone retails for US$500 and US$600 for the four and eight gigabyte models, respectively.
If you have any thoughts or ideas on this, let us know.