Today in Mobile

Reuters is reporting this morning that Apple is building an 8 GB version of its iPhone 4. It’s still unclear, though, whether the gadget is Apple’s long-rumored entry into emerging markets or — as my colleague Darrell Etherington discusses here — is simply “the equivalent of the iPhone 3GS,” which is offered as an affordable alternative to the iPhone 4. Regardless, it’s the latest sign that the iPhone 5 will be announced in the next few weeks. Which means the rumor mill is only just getting started.