Not a surprise: 3G iPhone coming in late 2008

This one will not come as a big surprise to anyone: At a meeting in California, AT&T Chief Executive Officer Randall Stephenson confirmed that Apple is working on a 3G-capable iPhone and that it will be released sometime next year.

Adding 3G capabilities to the iPhone would address one of the biggest complaints with the current one, namely wireless connection speed. The challenge and one reason 3G was not available on the first iPhone is that with the speed comes reduced battery life. Having set a goal of selling 10 million iPhones in 2008, it’s likely that Apple has accepted that the trade-off is worth the incremental sales such an iPhone would give it.

An exact release date and pricing remain unknown at this point. Stephenson even suggested that only Steve Jobs knows right now how much the new iPhone will cost.

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