iPhone lite and mediapad rumored from Apple

If you thought that yesterday's rumor about a CDMA iPhone on Verizon Wireless was interesting then you'll love this one even more.Two sources speaking to BusinessWeek have divulged that Apple is planning to launch not one, but two new devices with Verizon.

If you thought that yesterday's rumor about a CDMA iPhone on Verizon Wireless was interesting then you'll love this one even more.

Two sources speaking to BusinessWeek have divulged that Apple is planning to launch not one, but two new devices with Verizon. The first is being called an "iPhone lite" (availability TDB) and the other is mini-tablet that could arrive as soon as this summer, alongside iPhone OS 3.0.

One device is a smaller, less expensive calling device described by a person who has seen it as an "iPhone lite." The other is a media pad that would let users listen to music, view photos, and watch high-definition videos, the person says. It would place calls over a Wi-Fi connection. One of these devices may be introduced as early as this summer, one person says.

iPhone lite? meh. But I'm all about a mini-tablet. Apple could single single-handedly own the netbook market if they sold these for $300. But it will cost more like $399 or $499, knowing Apple.

Does either one interest you?