Word has broken webside of the dates and specs on the next generation iPhone. This time it’s from a friend of a friend of friend of one of the Apple hardware team and the specs are certainly consistent with the murmurings so far.

• 32GB and 16GB to replace current capacities
• $199 and $299 price-points to be maintained
• 3.2 Megapixel camera
• Video recording & editing capabilities
• Ability to send a picture & video via MMS
• Discontinuation of the metal band surrounding the edge of the device
• OLED screen
• 1.5X The battery life
• Double the RAM and processing power
• Built-in FM transmitter
• Apple logo on the back to light up
• Rubber-tread backing
• Sleeker design
• Built-in compass
• Revolutionary combination of the camera, GPS, compass, and Google maps to identify photo and inform about photo locations.
• Turn by turn directions
• July 17th, 2009 release date

As to whether it’s true, we’ll have to wait and see, but I like the sound of that OLED screen and subsequent battery life. The only question left is: To Jailbreak or not to Jailbreak?

(via Apple iPhone Apps)