Just in case you haven’t had enough Apple rumors in the past 24 hours…

Hot off the heels of the talk that Apple is planning to release the iPad 2 in a few weeks — and then another new version of the iPad in the fall (something which we’ve heard from a very good source), here comes another one. Today, Bloomberg is reporting that Apple is working on a smaller, cheaper version of the iPhone. And here’s the thing. Once again, we’ve heard this as well.

Not to play second fiddle to Bloomberg’s story, but we’d previously heard from a source (different from the iPad one) that Apple was definitely at work on a device that could be thought of as an “iPhone nano”. We’d been trying to dig for more, but had yet to come up with anything substantial. But it looks as if Bloomberg has, in a similar vein.

So here are the details: Apple has been working on a way to sell a secondary, smaller version of the iPhone at a cheaper price. While they already offer a version of the iPhone that is cheaper than the standard $199 and $299 rates for new models, it has always been last-year’s model simply marked down more steeply, to $99 — and more recently, to $49 as a new iPhone model nears. So does Apple really want to go below $99 or even $49? Well, perhaps not.

The key is that the $99 price point is still carrier subsidized. What Apple apparently wants to do is release a version of the iPhone that is cheap without any subsidization. In other words: they want to sell an iPhone for under $200 without a contract.

The ramifications of such a move would be potentially huge. With the launch of the initial iPhone in 2007, Apple was able to take a dominant carrier-controlled U.S. market and turn it on its head. A year later, the App Store pushed this new order even further. But the truth is that the carriers still have way too much power in the U.S., where customers are slaves to the subsidies. And in some ways, Apple is too. Most of their money comes from what AT&T (and now Verizon) pay them upfront for each device.

Remember that when Apple first started selling the iPhone, it was at an un-subsidized price. And when wasn’t working so well, just a few months after launch, Apple had to drop the price by a couple hundred dollars. By the time the second iPhone came around, Apple happily took AT&T subsidy offer instead of getting a piece of every contract. The price of the iPhone dropped to $199, and sales caught fire.

But if Apple could make a different version of the iPhone that is significantly cheaper to manufacturer, they could potential move it on their own without the carriers. And the key to this may be a carrier-crippling SIM that would allow customers to buy the phone and hop from network to network as they saw fit.

Of course, the carriers would likely put up roadblocks in an attempt to stop Apple from doing this, in the same way they put up roadblocks to stop Google from doing something similar: a super cheap phone paid for by search revenue. But Apple has more control than Google did at the time when they chickened out. And they have one very important thing that Google does not: retail stores.

Google tried to sell their own phones through a website. It didn’t work. Apple has hundreds of the most highly-trafficked stores in the world that will allow them to do it.

But that obviously doesn’t mean they will. It’s perfectly possible that Apple is just toying around with this idea for now (as they do with many ideas). Bloomberg says that Apple had hoped to unveil such a device “near mid-year”, but they also say that may be “delayed or scrapped”. We had heard about a fall timeframe for such a device as well. But as always, again, this is Apple. It may not come at all.

All of the above makes varying degrees of sense, but the one thing that I’m having a hard time wrapping my head around is just how Apple will make the device smaller. We hadn’t heard any specifics on size, just that it could be thought of like an iPod nano to the iPod. But Bloomberg says it could be one-third smaller than the iPhone 4. I suppose that could mean “thinner”, but it more likely means the screen would be smaller. How that would work given Apple’s so-far strict adherence to certain resolutions isn’t clear.

Another interesting bit is that it’s believed Apple could make the device cheaper by using components previously made for older iPhone models. That makes sense, time moves on and costs for old parts drop. But again, it would likely have to be a new screen. Though, Apple is very clearly investing heavily in those.

And some people thought this may be a relatively dull year for Apple rumors…

According to Chinese-language Economic Daily News a chip manufacturer is going to receive microchip orders from Apple sometime in March which must mean that we should see an iPhone Nano sometime around June. Right? It must. Maybe.

Will the iPhone Nano be a lower-cost alternative? Or will it be a premium, small product? If Apple wanted a lower cost iPhone, the company could simply lower the cost on the profit-heavy current iPhone cries the Internet Gurus. Unless, that is, the price is locked into a contract with AT&T or there is a whole new lineup coming.

So, if there is an iPhone Nano coming in June and it’s going to a be low cost model, it only makes sense that Apple will then launch a higher memory and more powerful full-size iPhone at the same time. That way the company would be able to market one as inexpensive and the other as full featured without taking anything away from the current hot-selling iPhone 3G.

Then again, this is just a f’n rumor from a Chinese news source. Probably not a good idea to hold your breath.

According to Chinese-language Economic Daily News a chip manufacturer is going to receive microchip orders from Apple sometime in March which must mean that we should see an iPhone Nano sometime around June. Right? It must. Maybe.

Will the iPhone Nano be a lower-cost alternative? Or will it be a premium, small product? If Apple wanted a lower cost iPhone, the company could simply lower the cost on the profit-heavy current iPhone cries the Internet Gurus. Unless, that is, the price is locked into a contract with AT&T or there is a whole new lineup coming.

So, if there is an iPhone Nano coming in June and it’s going to a be low cost model, it only makes sense that Apple will then launch a higher memory and more powerful full-size iPhone at the same time. That way the company would be able to market one as inexpensive and the other as full featured without taking anything away from the current hot-selling iPhone 3G.

Then again, this is just a f’n rumor from a Chinese news source. Probably not a good idea to hold your breath.

AppleInsider has received photos of an iPhone nano clone that copies the original iPhone almost perfectly but in a considerably smaller form factor.

Rest assured that if a nano does hit the streets come MacWorld, it won’t look like this misshapen homonculous. I’ve been consistently wrong about Apple recently – I was sure the 3G would have a front facing camera – but I doubt the nano is going to make it to stores this year unless Apple truly has some magical factories that can turn out low-cost miniaturized devices in a down market.

There have been rumors circulating that Apple is going to release a Nano version of the iPhone at Macworld in a few weeks – despite that the big man himself will not be there. We have seen a case mockup but this is the first pic of the alleged device. The picture is labeled as a concept so obviously don’t assume this an iPhone Nano. It just looks like a shank down iPhone that happens to line up nicely with the case mockup from a few weeks ago. Will Apple capitalize on the iPhone success and launch another version at Macworld? Who knows.

Who could forget XSKN, the iPod (etc.) case manufacturer that essentially leaked the existence of the iPhone 3G last May? Looks like it’s done it again, this time outing the iPhone nano, maybe.

A quick scan of the company’s Web site shows an entry for “iPhone Nano” in the iPhone section of its online store. There’s no picture(s) of the case, but keep in mind that iDealsChina did publish a picture last week of an alleged iPhone nano case.

We could jump to conclusions and say something like, “Oh, dear, the iPhone nano is the real deal!” Or, we could be prudent and say something like, “Well, there’s mounting evidence that suggests the iPhone nano could be real.”

MacWorld, anyone?

via MacRumors

Macworld is mere weeks and there really hasn’t been any substantial rumors besides this one involving a iPhone Nano. Ever since the original iPhone launched, Mac fanboys have been dreaming of a complete iPod-ish lineup that includes a small, nano version. It is widely known, and the source of many leaks, that iPhone/iPod case manufacturers receive basic specs and dimensions of upcoming Apple products so there are accessories available at the time of launch so this rumor might have some truth to it. The world has been yelling for a $99 iPhone and this small version might be Apple’s answer. Who knows.

The Daily Mail claims that Apple will release an iPhone nano of sorts in time for Christmas this year, priced at £150, or about $300. The Mail, which, frankly, isn’t exactly The Guardian, also says it’ll be available with pay-as-you-go plans.

The idea here is that that iPhone 3G, while totally amazing, is far too expensive to be made available for pay-as-you-go plans. A smaller, iPhone, on the other hand, would do wonders to fill O2′s (et al.) coffers.

Quite the rumor, yes.

via 9 to 5 Mac

Apparently Bob Woodward now works as a gadget blogger. Unwired View insists that the iPhone nano is real. It also insists that the iPhone nano won’t—repeat, WON’T—have a touch screen. Super. Why would Apple remove the iPhone’s only killer app? It’s not like people are flocking to the iPhone because AT&T has such a wonderful cellular network. (Or maybe AT&T just stinks in New York?) Either way, the View says that, when JP Morgan said it couldn’t confirm the availability of the iPhone nano, it wasn’t a retraction of its earlier story saying, “Sure, the iPhone nano might come out one day.” Terrific.

I guess I just don’t “buy” that Apple would release an iPhone without its much vaunted touch screen. That’s like releasing the Xbox 360 without the ability to play video games; you can only stream your pics and video to it. It seems silly, IMO.

iPhone Nano Is Real [Unwired View]