We've been hearing about the iPhone nano, aka the budget iPhone, for a while now and Vietnamese set Tinhte might finally have scored a prototype.
3 pictures below are photographs handset is said to be the next version of iPhone 4 from a very reliable source. Really hard to convince you to believe this because it is exactly like the iPhone 4 white appearance. Some other information that you want to transfer to you is that this machine seems to run faster than the iPhone 4, lighter weight and two glass front and back seem to have been replaced by two plastic sheets, type of sensation and cry other than the iPhone 4. According to information leakage, predictable from the English website, the more likely Apple will introduce the iPhone 4s (cheap version) and the iPhone 5 next month. And it looks like the iPhone that you see below is the iPhone 4s.
That Apple was working on a cheaper iPhone for new entrants and emerging markets has always been assumed -- because it makes sense -- but how exactly they'd go about doing it was and is the big question. Just like the MacBook Air and iPad are to the netbook, Apple has a way of filling holes in the product line-up in unpredictable but often high effective ways.
Instead of making an iPhone physically smaller, or using iPhone 3GS parts, if these pictures prove to be genuine, and this prototype hasn't already been abandoned, the idea of plastic instead of glass and possibly other lower-end components could very easily make for a cheaper iPhone that's still binary compatible with the existing App Store apps and perhaps even current accessories (and Jailbreaks?).
But then would iPhone 5 have to look different so fashionistas don't worry about it being mistaken for the cheap phone?