if its cheap then apple must be getting scared. Hopefully this will make the cost of the iphone go down.
I reckon the phone will be cheap as the operators, manufacturers and Yahoo will be able to share the ad revenue.
Bearing in mind it's the 1st of April, I guess I'm just going to laugh at this one. There seem to be loads of these floating about the web today (more than usual), but the best one so far has to be Gmail Paper.