Last week, we reported on a new rumor that Apple was working on a smaller and cheaper version of the iPhone (aka iPhone Nano) to increase market share against Google’s Android handsets. Today, the Wall Street Journal confirms that according to their sources, Apple is indeed working on a less pricey version of the iPhone.

The Wall Street Journal claims that the new, smaller iPhone will be available “at about half the price of Apple’s main line of iPhones.” The smaller iPhone is said to be sold alongside Apple’s main line of phones, which will provide consumers with more options.

The report also mentions that this new iPhone will be significantly lighter and will have an “edge-to-edge” screen, along with voice-based navigation for Maps. WSJ’s source also claims that Apple plans to upgrade the iPhone 4 as well.

The person who saw the prototype of the new iPhone said the device was significantly lighter than the iPhone 4 and had an edge-to-edge screen that could be manipulated by touch, as well as a virtual keyboard and voice-based navigation. The person said Apple, based in Cupertino, Calif., also plans to upgrade the iPhone 4.

Would you rather buy a cheaper, stripped down version of the iPhone? Let us know your thoughts in the comments!

  • javierE186

    I know I wouldn’t buy a smaller iPhone being the fact that I am waiting for a 4″ inch iPhone. However, I do see this working to some level because I have heard and I do know some people (mostly women) that would like a smaller iPhone.

  • iKing

    No sir I will stick with the King of all phones. The prince should do as well though (in sales).

  • Shrike1978

    I would not buy one, but then again, I’m not the target demographic for this.

  • iKing

    No sir I will stick with the King of all phones. The prince should do as well though , in sales.

  • Edwin

    Ima buy one for my girlfriend 🙂

  • Dan

    Very disappointed at apple. Cheap shit. They should be better than the rest. Fck no. I will not buy it

  • wyked

    I’d pick 1 up just to have 1 ……. being as I repair iDevices I’m sure I’ll end up picking 1 up cheap ……. just as I’ve done with iPhones & iPods ……. I’ve even picked up a couple broken ipads for ridiculously cheap!!!

  • Kuipo

    I wouldn’t get one for my self. I think the iphone is just the right size cause I also wouldn’t get a bigger one. This is a good move by apple

  • Kuipo

    I can see though where this would be a great phone for a lot of folk out there

  • Vitaliy

    maybe.. but i’d love edge-to-edge 4″ screen!!

  • noramouse

    Yea, I would probably buy a smaller iPhone because I plan to get the iPad 2 and that will be my main interface for internet, the iPhone would be secondary for me…

  • pn2bade

    Lol, there’s not even an iPod icon.

    • CPollick85

      Who needs an icon for iPod when u can tap the home button twice n scroll left?

    • icyhotonmynuts

      I guess Stocks are more important to their demographic than listening to music.. what started all the iDevices in the first place 😛

  • if there not too expensive i would get one (from eBay or something) i see it as like the 6th gen nano’s (the touch screen ones) there cute, and interesting..but not overall something you need

  • Jasper

    I would buy the real iPhone, if you buy something, buy the good one, the iPhone nano isn’t really something for me, while the iPhone gets more and more awesome features, the iPhone nano gets less… It actually is good if you are looking for a small phone, but i’m not that kinda person, sorry apple, i skip this one

  • Jasper

    I would buy the real iPhone, if you buy something, buy the good one, the iPhone nano isn’t really something for me, while the iPhone gets more and more awesome features, the iPhone nano gets less… I skip this one

  • Burge

    I’ll get one for my son .. But that’s it..

  • Ai

    Well, some people have an iPod and some have an iPod nano. It’s great that they have a variety of choice to suit people’s needs. I just hope they don’t discontinue the current iPhone design.

  • yguuhl;ui

    I’ll buy one for work and keep my iphone 4 or 5 in good nic

  • Jason Masters

    Would make a great gift for kids….

  • Whiskerer

    Obviously most people here are not interested, I’m sure apple doesn’t want the nano to cut into their regular Iphone sales but rather pick up people who didn’t want the original one because of price or size.