Apple Says ''No'' to Low-Cost iPhone

Apple's acting CEO has flatly stated that his company isn't going to release a less expensive version of its iPhone.

Tim Cook said, "You know us, we’re not going to play in the low-end voice phone business. That’s not who we are. That’s not why we’re here."

This is a blow to rampant rumors of an iPhone Nano -- a smaller, less expensive version of the current iPhone 3G. Unconfirmed reports of this device have been circulating for months, with a debut rumored for later this year.

Of course, Cook's comments are only related to a low-cost version of the iPhone. They don't rule out an upcoming new model if it's smaller but not cheaper. And when talking about smartphones, smaller versions are often more expensive, rather than less.

What about an Apple Subnotebook?

Cook was also asked about the possibility of a subnotebook running Mac OS X. He responded by saying:

We're watching that space, but right now from our point of view, the products in there are principally based on hardware that’s much less powerful than we think customers want, software technology that is not good, cramped keyboards, small displays. We don't think people will be pleased with those products.

Via BGR