Originally we speculated that the new iphone 4 would be released on June 18th but now we know that the iphone will actually be released on June 24th according to Steve Jobs. The new iPhone will cost $199 for 16GB and $299 for 32 GB with a 2 year AT&T contract.
Some of the highlights of the new iPhone from todays WWDC:
5MP camera with LED flash and front facing camera for video conferencing
HD Video 720p @30fps
Video editing, imovie, app allows to edit videos right on the phone
I am sure we will give you guys more details once everything has been settled down and we had a good chance to look at everything that was said and showed today.