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Apple Reportedly Working on Smaller iPhones: Bloomberg

Apple is working on new, smaller versions of its hugely popular iPhone, reports Bloomberg, citing people familiar with the matter.

One version of the new phone will be cheaper and smaller than current ones, Bloomberg cited one source as saying. It will sell for about US$200 without a contract, the news outlet said.

The model will be about one-third smaller than the iPhone 4 and is aimed at a mid-year launch, Bloomberg said, adding a caveat that Apple might not release the product despite working on it.

Apple is also working on a ‘dual-mode’ system that allows a single device to work with both GSM and CDMA standards.

[via Bloomberg]
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