[Report] iPhone nano might be coming this Fall

Every year there is talk about Apple releasing a smaller iPhone or a lower cost. Ever sense the original in 2007. However these have never come to be with Apple keeping the older iPhone as the low end cheep model. However China times reports Apple could once again be working on a so called iPhone nano to compete with the top level Android phones with a smaller price point. The 3Gs is reportedly too pricey at $375 (I thought it was free) to compete with the newer android models. However the iPhone’s have always been the best sellers of all the major US carriers so I don’t see a need for this to happen. Even if the phone is older it is a good piece of equipment making me say this is just another rumor that will not see the light of day… For a while anyways