Rumors persist that Apple will be coming out with a smaller and less expensive version of their extremely popular iPhone — this time with no contract. As of this writing, there is no official confirmation from Apple. But reports suggest that media and data storage will be, at least in part, in the cloud. That would allow making a device extremely tiny, perhaps as much as half the size of an iPhone 4. But of course there’s the screen that needs to be viewable. With cloud storage, it’s still unclear how accessible your content will really be, as you jump from one wifi zone to another if you’re on the road, or actually in the clouds on an airplane.