Launching on July 11th...

Physical Appearance:

·        Thinner (CONFIRMED)

·        It’s believed that it will be entirely black high gloss plastic (no more metal backing)... (CONFIRMED... 16GB in white too)

·        Chrome volume knobs (CONFIRMED... Metal anyways)

·        Solar Powered! (looks like a no, but a much improved battery life) (CONFIRMED)

New Features:

·        3G: A much faster internet service. “Shift to 3G will be akin to going ‘from dial-up to broadband,’” says Gene Munster, an analyst at Piper Jaffray. (CONFIRMED)

·        A better camera (NOPE, sorry)

·        A video Camera (NOPE, sorry)

·        A polished navigation system (CONFIRMED - no turn by turn directions though)

·        The ability to automatically sync music with phone instantly, wirelessly (CONFIRMED)

·        Video chatting/conferencing (NOPE, Sorry)

·        An intense video gaming system (CONFIRMED)

Price:

·        It’s Official! $199 for 8GB that the iPhone will sell at an incredible $299 for 16GB (CONFIRMED)

 New iPhone Commercial

 Brand new Commercial

Final Thought:

It looks like there isn't that many new features. There are a lot of website's and that have modified themselves special for the iPhone, though. 

Really what it boils down to is Steve Jobs is a genius.

Remember when you were a kid and you wanted the new Nintendo 64 (best console ever) and your parents told you to wait a year and the price would drop. And so you'd pout and wait, and what do you know it, the price would drop significantly. And the console would look even cooler (see through plastic).

This is all Steve Jobs has done. He's simply re-marketing the same product at a cheaper price, and everyone's falling for it hook line and sinker (me included). I have a feeling that the next, truly new iPhone (think of the Nintendo Wii next to the N64), will not only look dramatically different, but will indeed be dramatically different.