The iPhone 5 release is much awaited among the Apple enthusiasts. However, there are different views regarding this cheap iPhone and its release date. Rumors claim that there is going to be a mini version of the iPhone known as iPhone nano. The launch of a cheap iPhone could possibly be a part of Apple’s strategy to rule the already crowded Smartphone market. On the other hand, Apple has not yet confirmed the exact release date of this low cost iPhone, except for their announcement that it may arrive somewhere in 2012. The iPhone Nano is predicted to be smaller in size with reduced hardware and cheap price which obviously means that every common man could own this iPhone.

There are iPhone lovers all over the world, the proof being that all the devices sell like hot cakes from day one itself like in case of the iPad 2 where people were seen standing in queue for hours just to own the stunning tablet. However, Apple’s devices are far more expensive these days which is making it harder for common people to buy them. Therefore now it would be perfect for the release of a low cost iPhone for those who cannot afford one. Though of course choosing the iPhone Nano would mean sacrificing some features.

Update (23-April-2012): Latest report from China Times suggests that Apple may unveil iPhone Nano this year. Read  more.

While there are rumors that the iPhone Nano would be released in 2012, we need to keep our fingers crossed till the confirmed date is announced. So subscribe to our e-mail feed and we promise to keep you updated on the same.

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