Tim Cook: iPhone Nano Ain't Happening

Tim Cook, acting CEO of Apple Computer, refuted the notion that the House of Mac is plotting a low-end iPhone during the company's Q1 conference call a few days ago.

"We're not going to play in the low-end voice phone business. That's not who we are, that's not why we're here," Cook told Apple's investors. "[Our] goal is not to lead unit sales, but to build the world's best phone."

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