New iPhone In July?

Rumors claim a new iPhone will be released on July 17th, and will include several improvements.

If the people at Apple iPhone Apps are to be believed, the wait for the new iPhone won’t be long. They say it will be launched on July 17th.

The site claims its information comes from "a source who is closely connected to Apple’s hardware development team," and details what will be on the phone.

It’s going to include a 50% improvement in battery life, double the processing power, and OLED display, and a rubber-backed body with a light-up Apple logo on the back. All that is in addition to a 3.2-megapixel camera which will include in-phone video editing, and enhanced location services including a built-in FM transmitter and digital compass, according to The Register.

The talk is that 16GB and 32GB versions will be available for $199 and $299, respectively.