Macrumors on the mythical iPhone Nano

Refering to an item in The Wall Street Journal that Apple is working on a smaller, cheaper version of the iPhone due this summer:

“One of the people, who saw a prototype of a new iPhone several months ago, said the new device is intended to be sold alongside the current line of iPhones and would be about half the size of the iPhone 4.”

Hold on, a person saw the prototype said it “would be about half the size” ?

Surely if they saw it then there is no “would” about it, the new device “is half the size”

I call bullshit.