Speculation about the new iPhone has circulated around the Internet since shortly after the first generation was released. As time progressed, the details have become slightly more firm as predictions call for features like 3G network compatibility, GPS, support for a broad range of Bluetooth technologies, Microsoft Exchange interfaces for businesses and up to 16GB of storage capacity. Apple is anticipated to unveil the new phone in the beginning of June and initial orders indicate 11 million units are scheduled for production. Already, stocks of the first generation iPhone are running thin to nonexistent as retailers move the remaining product off the shelves in preparation for the new release. Analysts predict the iPhone 2.0 will dramatically boost Apple share price especially owing to the new deals brokered internationally for exclusive services. All of this will lead Apple to better compete with RIM which recently announced the Bold, it's own attempt to keep its customers from converting to the iPhone 2.0.



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