New York Times carries some nice iPhone news today. According to them, “Apple is not currently developing a smaller iPhone,” and that the company is “not planning to introduce a smaller iPhone anytime soon.”

While the publication doesn’t outright deny the existence of such a device at any point in the story, it does quote an anonymous Apple executive as saying that it doesn’t make sense for the company to create multiple iPhone form factors at any given time, and an anonymous Apple engineer as saying that cheaper components, not a smaller size, would make for a cheaper overall price. That sounds more logical than a smaller version iPhone anyway.

Not to say that it’s a cheaper version iPhone, but Apple is probably trying to reduce the overall cost of manufacturing iPhone, probably by recycling parts from the iPhone 4, and bulking other parts through very huge buy from companies like Samsung. But the most important news of all is that the next iPhone is very much near completion. Exciting news indeed.

SOURCE via New York Times