A Bloomberg report says Apple is working on new versions of the iPhone that are smaller and cheaper.
According to iSuppli the CDMA version of the iPhone is cheaper to produce than the GSM version by $16.00.
In iPhone security news, a group of German researchers have cracked the iPhone’s keychain system which allows access to passwords.
TechCrunch has spoken to several iOS developers who say that Apple’s iAds are not doing well.
While the iPhone and iPad are still the leaders, Android is gaining a large amount of developer interest according to a report from Appcelerator and IDC.