Well, we all were expecting this and it wasn't a huge surprise that Apple would release the next iPhone today and it looks just like the leaked images we saw before the one with the man in Vietnam and then the other one found in the bar. The design is 24% thinner than it's predecessor and it is said to be the slimmest smart phone ever. The backing and front is made of glass and don't forget the two cameras! The resolution is also superb at 940x640. The new screen on the iPhone 4 is known as a "Retina Display" and features over 320ppi. Battery life for 3G talk is 7 hours, 3G internet browsing 6 hours, 10 hours of video and wifi along with 40 hours of music. The wifi antenna now is 802.11n which is far superior the the a/b/g series. The camera which used to be 3.2 megapixels is now 5 megapixels and the other camera for shooting video supports 720p/ HD movie shooting. The A4 processor which I tried on the iPad worked really well and we are going to see that same processor on the iPhone!

Apart from all that goodness Apple also has an iMovie app for the iPhone! This shocked me because of the fact that iPad doesn't have that feature yet but iPhone does. This will be great for editing movies with features of a desktop software on a smart phone. But it is said to cost $4.99 in the app store. "FaceTime" is a new feature offered for the front facing camera that offers wifi only usage to do video calling.

Remember how we had heard about iPhone OS 4 it will now be called iOS 4 and it has all the great features we know and love but with a different name. This allows you to switch from Safari to using Bing as your search browser.

The iPhone 4 is said to be launched on June 24th in the U.S. and later worldwide. The pricing is $199 for 16gb and $299 for 32gb, same prices as the 3GS but with more features. It will be offered in two colours black and white. Also there seems to be no 64gb model yet... but maybe in the future. The 3GS will still remain priced at $99 while the 3G will be completely wiped out from the lineup.

For more information on the iPhone 4 check out: Apple iPhone 4