iPhone NANO is said to be Launced this Christmas

This might become the news of the month. iPhone might morph itself in a smaller form this Christmas. If this article on Daily Mail, from UK is to be believed “The Daily Mail claims the new device will retail at up to £150 for pay-as-you-go customers and will be available exclusively from O2 in the UK”. Here is what Daily Mail had to say:

Apple is about to launch a ‘nano’ version of the hugely successful iPhone. It is expected to be in the shops in time for Christmas. The product will be launched in the UK at up to £150 for pay-as-you-go customers by O2, the mobile phone group owned by Spain’s Telefonica. ‘This will be a big one,’ said an industry source.

Another report on MaCNN says - One claim hints that the iPhone nano will feature a touch wheel on the back and display on the front so that numbers will be dialed from behind. Sources also speculate that, “a cut down version, with the candy bar shape of iPod nano music players, would be a huge hit as a Christmas gift.”

If you are wondering how the nano might look. This picture from informationarchitects might ring some bell. There are tons of probable nano images floating around the web. This seems to be closest