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Apple is right on schedule to release the next generation iPhone in summer of 2010. Unreleased iPhone hardware version 3,1 has been logged by PinchMedia this month in San Francisco. This means the company is already field testing hardware for the next model iPhone.

AppleInsider is reporting that the wireless radio specs in the iPhone 3.0 firmware beta reveal support for a new chip and 802.11n. Current gen iPhones and the iPod touch only support 802.11a or 802.11b/g networks.

Tech blogs and iPhone fan sites continue to buzz with rumors and speculation about Apple's upcoming iPhone 3.0 software and a new iPhone model or two that may or may not ship this summer. So why not add a few "leaked" screenshots to the mix?

Apple is considering building a cheaper iPhone, but is not working on a long-rumored smaller iPhone handset often referred to as the "iPhone Nano," according to a report in The New York Times. The NYT report says that Apple is considering "ways to broaden the appeal of the iPhone by making the popular device less expensive."

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