Good news for all of you! The latest buzz is that the much-awaited Apple iPhone 4G is expected to cost significantly less than previous models. This assumption according to the analysts is based on the fact that since, 85% of the smartphone market is not willing to shell out the amount of money Apple would like to quote for their devices; a price drop is inevitable for the Apple iPhone 4G.

As Apple is slated to launch its next version of the iPhone in June, iPhone enthusiasts and industry analysts are equally optimistic of Apple offering its new device with a lower total cost of ownership and also new functionality - potentially including gesture-based technology. Along with the price drop rumor, others which are doing the rounds include specifications for the iPhone 4G consisting of WiFi N, a 5MP camera, an A4 chip clocked at 600MHz, perhaps faster, and AMOLED touchscreen from Samsung


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