Apple will release the updated iPhone on July 17 2009

Another rumor about the new iPhone; it is thought that Apple will release the updated phone on July 17 2009. The new iPhone has only a minor upgrade, which you can see from the specs below.

Wired explains that a source close to the Apple hardware team approached Apple iPhone Apps, and told them that the team possess some knowledge of the new iPhone, as well as the specifications and its release date.

Many of the recent rumors seem to be true, such as a new 3.2-megapixel camera, digital compass and a video recorder, as well as a few more cool features. Let us hope that this rumor turns out to be true, as I can certainly do with a new iPhone now.

Specs of the new 2009 Apple iPhone:

• $199 and $299 price points to be maintained
• 1.5 times the battery life of the current models
• 3.2-megapixel camera
• 32GB and 16GB storage
• Ability to send a picture & video via MMS
• Apple logo on back will glow
• Built-in compass
• Built-in FM transmitter
• Discontinuation of the metal band surrounding the edge of the device
• Double the RAM and processing power
• OLED screen
• Rubber-tread backing
• Sleeker design
• Turn-by-turn directions
• Video-recording and editing capabilities

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