Will there be a new iPhone at WWDC? Dunno. Seems to make sense though since we have been reading about both Apple and AT&T unloading existing iPhones over the past two months or so. Makes sense that this move would be in preparation for a replacement of the current model. Some rumors have been that the new iPhone will have video recording capabilities and a built in compass. We'll see. In the meantime the current iPhone and iPod Touch are doing fine and provide more functionality in a small, pocket device than I could have imagined even three years ago.
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