iPhone Nano, Wifi iPod rumors true, says Post, to be revealed by Apple Sept. 5

No sooner had rumors of the Apple, Inc. (NASDAQ: AAPL) iPhone become plausible than rumors of an iPhone Nano began floating about: a cheaper, smaller version of the smartphone killer. And though most of the energetic rumors around Wednesday's super-secret Apple announcement seems to be focused on the possible release of the Beatles on iTunes and some outrageously tiny new Nano, the Washington Post, in a fluffy piece this weekend, stated it had received documents confirming the existence of the iPhone Nano and a wireless-enabled iPod. Not only would the wireless iPod be supercool (ok, the Post didn't say that), it would also have touch screen capabilities.

Much as I revere the Beatles, an iPhone Nano for Christmas would get me way more excited about Apple's prospects come this holiday season than the availability of Sergeant Pepper's Lonely Hearts Club. If the past is any indication (and with Apple, history does seem to repeat itself), these rumors -- and general Applexuberance -- will send the stock even higher than its close of $138.48 August 31.

In early July, a JPMorgan analyst announced that the iPhone Nano would soon be released at a price point of $300; his employer later debunked his claim (although the buzz on the street seems to be that we all know it will happen eventually).

[via MacNN]