I personally don't know what to think. Is it possible? Yeah. After watching this interview of Tim Cook, around 38 minutes he was asked about different price points, etc. He states "Our north star is to make the best product." "Our objective isn't to make this design for this kind of price point." Will we see a cheaper iPhone? Skip ahead to 41 minutes. They start talking about "cheaper" iPhones. Then shortly after that Tim Cook was asked about making a smaller iPad. I dont know! I know this has been brought up alot. I just find this interesting. If you havn't watched the interview, I strongly suggest it.