Cheaper and Smaller iPhone Nano Rumor

I noticed that tech rumors are really making a making a big on the web lately. As the iPad2 rumors are taking the tech world by storm, rumors of the gadget that would follow it immediately soon hit the web also. That is the iPad3 which is rumored to be released by Fall.

Now, going back to rumors, Bloomberg on an article most recently said that Apple is gearing to release real soon a new iPhone model that is considered to smaller and cheaper than the iPhone4.

They call it the iPhone Nano.

Bloomberg said that this smaller and cheaper iPhone would cost around $200. The article said,

"Apple also is developing technology that makes it easier to use the iPhone on multiple wireless networks."

Question is, how small is this small iPhone Nano? What could this look like? Well, no one knows yet. But HuffingtonPost asked its readers to submit photos of what this cheaper and smaller iPhone would look like. Here is one photo.