Recently, a lot of speculation was buzzing the web about $99 iPhone 3G also dubbed as iPhone Nano. CNet reported that AT&T is selling the $99 black iPhone 3G, but it'd be a 'refurbished' model.


AT&T is selling refurbished models of 8GB black iPhone 3G for $99 and 16GB version for $199. Why refurbished? Well, we recently reported a phone reliability study where iPhone and Blackberry failure rates were noted.


So all those speculators can continue giving rise to stories about iPhone nano and aspiring buyers can look forward to buy one. However, it's not certain that refurbished iPhone 3G models will be sold in India by Airtel and Vodafone. Would you go for a refurbished iPhone 3G for lower price? Do let us know your opinion.