Apple Plans Small IPHONE?

I may be in quite the shake-up of the iOS world if Ethan Smith's new article in the WALL STREET JOURNAL has any weight to it.he makes pretty bold claims about a new ,less expensive iPhone which has an edge-to-edge screen and weighs quite a bit less than the current iPhone 4.

This line up pretty well with the "iPhone Nano" rumours that we have been seeing for years,and its certainly intriguing to see the wall street journal putting a stamp on it. Presumably, this smaller iPhone would behave more like a data "access point" than a place to store all of your music, movies and books. Those, says Smith, could be managed by Apple's MobileMe service (which would be turning into a free cloud computing service alongside the launch of the new phone), therefore eliminating the need for large amounts of storage space on the actual device. How well this would work is a topic still up for debate, but you know how it goes: Apple always finds a way.

I suppose we'll just have to wait and see what Jobs (or Cook) has up his sleeve in the coming months. The WSJ article hints at a summer release for both the micro phone and the revamped MobileMe service.