Speculating about iPhone nano, aka budget iPhone (not iPhone 3GS)

Apple just might have had the iPhone nano — or whatever you’d prefer to code-name the second, lower budget version of the iPhone family — ready to go as early as WWDC 2011, though they chose to make that keynote focus exclusively on OS X Lion, iOS, and iCloud. What people mean when they talk (or leak) about iPhone nano is still unclear, however. Just like “Apple is working on a TV” ultimately turned out to be a 27-inch iMac, and Apple’s “interesting

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