iPhone nano? Yes, if price is right (Asian view)
A smaller iPhone may be achievable with Retina technology and with a fixed set of built in apps. The size of the present iPhone 4, is also just fine but if Apple can produce a phone of the current size with fewer features, at $150 (contract free), that will rock Asia for sure, and reach out to the common man.
In Asia, the current iPhone 4, at $599 (contract-free), competes with salaries not other phones.
For the 3 entry level categories in Asia view full article on posterous