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A source tells us that "someone who designed part of the iPhone UI, who generally has access to new hardware locked down in a room to play with, " told him that the new iPhone will run on faster 3G networks, as expected; feature new, improved speakers on the bottom; and an improved camera. It will hit stores June 12. Our source warns us: "The person has mixed details before." Our guy puts his friend's trustworthiness at an 8 out of 10.

To us, the details seem obvious. New Macs always have better speakers and better cameras, don't they? But perhaps the rumor's very obviousness lends it more credibility. You have exactly 37 days to discuss, oooh and ahhh about it. (Photo by Andrew*)