"iPhone2,1" perhaps?) will have a 600MHz processor (up from the current 400MHz unit), 256MB of RAM (from the current 128MB), 32GB of storage, a 3.2 megapixel camera with autofocus, as well as a digital compass and FM radio, all while retaining the same battery, basic shape, and screen size. Do we believe it? Well, if we were to conservatively guess at specs for a next-gen Apple phone that's pretty much what we'd come up with -- with the exception of FM -- so we're not shaking our heads too hard. Plus we've definitely seen evidence that a compass will figure into the equation, and there's endless whispers that the camera will see an upgrade. Still, only Steve and the gang know for sure, and we're (probably) not finding out till they're ready -- WWDC, are you here yet?
[Via The iPhone Blog, thanks Brian]