iPhone Nano coming to stores near you! May be!!
Based on a patent filed by Apple, JPMorgan's Kevin Chang said he expects Apple to launch a phone in the 2007 fourth quarter, which may be an iPod Nano phone. Chang said the patent filing has figures demonstrating how to dial a phone number with a scroll wheel.
"Putting all the information together, we believe there's a strong sign that Apple will come out with a second phone that will replace iPod Nano," Chang wrote in a client note. "IPod Nano will be converted into a phone because it's probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano."
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