Nano or Not? New iPhone Rumors in Doubt

Oh, those silly Wall Street research analysts. First, dot-com bubble inflater Henry Blodget brings ruin upon the Internet economy with his buoyant predictions, and now his kind are causing trouble in the gadget world. After one JP Morgan analyst suggested that Apple may be developing a simpler, slimmer model of its much-touted iPhone - a kind of Nano version - several of his colleagues are trying to douse his claims. In a note released yesterday, and posted on the Unofficial Apple Weblog, the three analysts say that while a lower-end iPhone is inevitable, it wouldn't be wise to expect it to some out anytime soon. In other words, don't get excited just yet.—Gregory Mone