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iPhone Nano has no memory?

CoM this morning follows up the Bloomberg and WSJ iPhone nano stories with a theory of their own, albeit one with some perceived holes.

But to do that, Apple had to figure out a way to strip away some of the components to reduce both its size and cost.

By “some” of the memory, we mean ALL of the memory. The iPhone nano will have no memory for onboard storage of media, our source says. It will have only enough memory to buffer media streamed from the cloud.

“I’m talking strictly storage memory here,” said our source.

The iPhone nano will pull ALL it’s content from MobileMe. When users buy a movie or TV show on iTunes, it’s available to stream to their iPhone or iPad. The service is based on technology from LaLa.com, a streaming service that Apple bought last spring and then shut down.

“It would be a mostly cloud-based iOS,” said our source.

Read More Via 9to5mac

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