WSJ: Apple working on less expensive iPhone

As hard as we try, we just can’t escape the ongoing ‘iPhone nano’ rumors. It seems that everyone in the tech industry is waiting on Apple to diversify its handset lineup and introduce a less expensive iPhone for prepaid and emerging markets.

In fact, we’ve already heard a report on the topic today from DigiTimes, who says that their sources have actually seen the low-cost smartphone. And this afternoon, The Wall Street Journal throws its hat into the ring with its own scoop

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