Another gem from the Bloomberg iPhone claim chowder file, this one reported by Peter Burrows and Gregory Bensinger back in February 2011:
Apple has considered selling the new iPhone for about $200,
without obligating users to sign a two-year service contract, said
the person who has seen it. Android phones sell for a range of
prices at AT&T Inc., Verizon Wireless and other carriers, and
typically come with agreements that include a fee for broken
contracts. The iPhone 4, sold in the U.S. by AT&T and Verizon
Wireless, costs $200 to $300 when subsidized by a contract.
While Apple has aimed to unveil the device near mid-year, the
introduction may be delayed or scrapped, the person said. Few
Apple employees know the details of the project, the person said.
Apple often works on products that don’t get released. The
prototype was about one-third smaller than the iPhone 4, and it
had no “home” button, said the person, who saw it last year.
None of this is actually wrong, technically, given the “introduction may be delayed or scrapped” dodge — but none of this came to pass. None of it.