Rumours have been afoot about the marriage of a “cheaper” iPhone and Wal-Mart. There seems to be an additional twist to the whole rumour–there’s some marketing materials that reference an iPhone Nano. I’m not much for the rumour mill, but the concept is pretty interesting. The phone could be more of the blackberry pearl variety, and less of the “smartphone” variety. One thing is for sure, there’s a huge market for iPhones and everyone seems to be talking about them still. The real question is, can it become the new RAZR?

Below are some photos of the marketing material, and a mockup (from macrumours) of what it could “potentially” look like.