^^ Note that the above has also been reported by Bloomberg and WSJ, two groups with great Apple track records. This news is coming out everywhere at once, actually--it smells like an intentional leak from Apple. The "cloud" technology is simple: no information will actually be saved on your phone! Rumor has it the iPhone mini will not have any memory, but instead save and download your contacts, music, videos, etc. wirelessly from servers owned by Apple. No memory = cheaper costs = cheaper prices for the consumer.