Rumors of a smaller iPhone, an iPhone mini if you will, have been going around ever since the iPhone was originally launched and now folks over at the Wall Street Journal have added fuel to the fire by stating that folks familiar with the matter claim to have seen a device that is about half the size of the iPhone 4 and is codenamed the N97. If the rumors are true, this iPhone mini will be only about half the size of the original iPhone and will only be around half the price. The phone was also said to be significantly lighter than the iPhone 4 and features an edge-to-edge touchscreen display, along with voice navigation of sorts. Aside from the iPhone mini, it’s been said that Apple could finally be ready to make its MobileMe cloud service suite free and that could be the platform that Apple will be using to launch its streaming music service.

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Key SpecsiPhone 4
Display Diagonal3.5" (8.89 cm)
Processor/Soc NameA4
Street Price (Approx)~ $125
Search low iPhone 4 price (Amazon)
Max. Total Storage Capacity32 GB
Megapixels5 Megapixel
Battery Capacity (mAh)1420 mAh
Complete product dataApple iPhone 4 Full specs and details
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