JP Morgan has just issued a note retracting Kevin Chang's earlier projection about a near term iPhone Nano.

The new report says that the majority of Chang's assumptions appear to have come from a review of the patent that was published last week, adding that a near-term launch of an iPhone-nano product would be "unusual and highly risky". TUAW brings you the entire report in this exclusive online gallery.

More info: JPMorgan Apple Retraction

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