Apple iPhone NanoThere are ongoing rumors that Apple will be launching its iPhone Nano on the Verizon network by the third quarter of 2010. Apple is preparing a 2.8-inch version of the phone that will have the capabilities of working globally on both UMTS 3G and CDMA mobile phone networks. The iPhone Nano is said to be planned for worldwide distribution to all carriers regardless of the technology of their network.

Reports by OTR Global, provided to AppleInsider by an industrial analyst, Asustek subsidiary Pegatron will build the new hybrid phone devices for Apple rather than Hon Hai, the iPhone recent manufacturer, this decision is to prevent the company from been inhibited to a single assembler. It also indicated that Verizon and apple have already hammered out an agreement to sell the new iPhone model within the year.

The research also informed that the new iPhone will be smaller and lighter, having a 2.8 inch screen while the current iPhone holds a 3.5 inch screen. Qualcomm’s new hybrid CDMA/WCDMA chip puts forward the potential for the iPhone to be used globally on any major network carrier, thereby solving the network fractionalization problem. It resolves other issues inclusive of user confusion that would have resulted from Apple selling different CDMA and UMTS versions of the iPhone. Having one phone that works on both the CDMA and UMTS types of network, the differences between the two will be apparently tied to the network’s provider rather than to the iPhone itself.

With the reports of Verizon selling the iPhone within the year, sales of the Droid, storm 2 and the next year’s palm pre may end up subdued if customers make up their minds on waiting for the arrival of the iPhone instead of facing the cancellation penalty and the loss of subsidy credit by buying an alternative device now.

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