With WWDC just couple of days away, and with growing numbers of rumors pertaining to new products, John Gruber posted on his “Daring Fireball”:http://daringfireball.net/ site, on why he is quite sure that there WILL be a new iPhone announced at WWDC and be available in July.
bq. WOULD WAGER HEAVILY UPON: A next-generation iPhone to be released in July, with roughly double the CPU horsepower and an improved video-capable camera, with 16 and 32 GB storage capacities.
When he makes such prediction, it is almost always done with sufficient research/insider-knowledge/tips such that he will put them out with the DF logo clearly stamped all over it, with confidence.
I wouldn’t bet against him getting this wrong this time. Read his “entry”:http://daringfireball.net/2009/05/the_next_iphone for more details.