CNN reports a Chinese programmer has developed the Apple Peel 520, an iPod touch case that contains a battery, dock connector and SIM card to turn a jailbroken iPod touch into a cheap iPhone. The device enables voice calls and text messaging, and delivers about five hours of talk time and 120 hours on standby.
When asked why he created the Apple Peel, Maxpy said it boiled down to economics: "Because I love the iPhone, but it's too expensive in China."
Maxpy said he began building the device last April, revealing the final product online about a month ago via a company he started called Yosion Technology.
The iPhone, which was officially launched on the mainland last October, more than two years after its debut in the US, costs between $588 - $740 while an iPod Touch is around $235. The Apple Peel sells for $57.