cant wait to get one

I thought they where going to upgrade the storage to higher capacities. Will this still happen or will it stay at 16 & 32GB.

Looks dope!

Right on cue, Apple has finally announced the fourth generation iPhone yesterday and instead of the name we have been giving it, iPhone 4G and iPhone HD, it is called
iPhone 4.

According to Steve Jobs, the iPhone 4 is “the biggest leap since the original iPhone.” Although pictures of the official iPhone 4 have not been released, it is said to be a little thinner than the original iPhone at 9.4mm thick and comes with the following features:

*3.5 inch “Retina Display” of 960 x 640 pixels.
* iPhone OS 4 – which has been renamed to “iOS 4″ for some reason
* 3-axis gyroscope (great for gaming)
* 5MP camera with LED flash, tap to focus and “backside illuminated sensor” which should make photos taken in low-light conditions look better
* HD video recording (720p at 30fps)
* Front-facing camera for video calling (video calling will be made via an app called FaceTime; sadly, it will work only via Wi-Fi this year, but Apple is working with carriers to make it available via 3G, too)
* Better battery – up to 300 hours of stand-by time
* iMovie (available for $4.99 in App Store)
* Netflix (available for free later in the summer)
* iBooks (like on the iPad)
* iAds – “to help developers make money”

The iPhone 4 will be available in two colors, black and white and will be priced at $199 for the iPhone 4 16GB and $299 for iPhone 4 32GB. US, UK, France, Japan and Germany can grab the new iPhone 4 beginning June 24.



via: New Apple iPhone gets official as iPhone 4. 960 x 640 pixels Retina Display, HD video and more » Unwired View