Apple Inc. is working on the first of a new line of iPhones and an overhaul of software services for the devices, people familiar with the matter said, moving to accelerate sales of its smartphones amid growing competition.
One of the people, who saw a prototype of the phone late last year, said the device is intended for sale alongside Apple's existing line. The new device would be about half the size of the iPhone 4, which is the current model.Of course, with a smaller model, some features will be eliminated from the iPhone 4. Below are a picture of the current iPhone 4 model next to the rumored image of the new iPhone, unofficially dubbed "N97". Bloomberg also reported that Apple was working hard on the iPhone to combat the growing Android market.
I applaud Apple for always being one step ahead of the game.Of course, this should be no surprise to Apple consumers as they have already witness the progression from the iPod to the simplified iPod nano. (Did you know the profit margin for the nanos are much greater than the original ones? Apple knows how to cash it in.)
Excited? Rumor has it that this cheaper version will be unveiled during summertime, much like the releases of its predecessors.