figure 1: Industry heavyweight Philippe Kahn

Philippe Kahn, founder of Borland, inventor of the camera-phone and a bunch of other stuff, recently predicted the arrival of an iPhone Nano in an interview with Uberpulse during the 6sight conference.

"Kahn was also totally gaga about the iPhone and even predicted the coming launch of a smaller version of the iPhone, that he called the "nano". The Fullpower CEO also said his company was working with most of the CE manufacturing using sensor which I assumes include also Apple!"
I can't stress the point enough that this is just a rumor; idle speculation at its best. But as I've said in our podcast, I have a hard time believing that Apple won't make an iPhone Nano at some point. They tend to make hardware in two tiers: one for pros and one for ordinary folks.