Will There Be A NanoPhone For Christmas?

Apple never seems to be one to let the press die down for a minute, thus just days after the super successful launch of the most hyped device ever, word is leaking about about the possibilities of a new iPhone - this time a Nano-like iPhone.

JP Morgan’s Kevin Change is expecting Apple to launch the NanoPhone in the fourth quarter of 2007 based on a patent filed by Apple.

“Putting all the information together, we believe there’s a strong sign that Apple will come out with a second phone that will replace iPod Nano,” Chang wrote in a client note. “IPod Nano will be converted into a phone because it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano.”

The patent shows figures demonstrating how to dial a phone number with a scroll wheel. Chang expects it to have limited functions keeping it aimed at younger customers.

“We believe it’s a strong sign that Apple could potentially convert every iPod Nano into a Nano phone,” Chang wrote.

No surprise, but Apple spokespeople have declined to comment.

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