Rumours are spreading around the web that Apple is preparing a cheaper iPhone nano for Christmas:
The product will be launched in the UK at up to £150 for pay-as-you-go customers by O2, the mobile phone group owned by Spain's Telefonica. 'This will be a big one,' said an industry source.
'The iPhone 3G has been the fastest-selling phone ever in the UK, but it is too expensive to be a realistic proposition in the pay-as-you-go market. 'However, a cut down version, with the candy bar shape of iPod nano music players, would be a huge hit as a Christmas gift.'