Today, the rumors have been surrounding a thinner iPhone that has a better battery life and GPS support. These rumors aren’t exactly new, and they are being bundled as one “unconfirmed” rumor.

Before talking about this latest rumor, it would be important to cite Kevin Rose’s new claim that the iPhone may have a cheaper counterpart that starts at around $200. This cheaper iPhone would be sold alongside the rest, and the only clear difference would be price. While Kevin Rose is a respected member of the tech world, it would be important to note that he is famous for saying that the iPhone will have a slide out keyboard. Which was clearly well off base.

In the latest rumor report, highlights include a 22 percent thinner iPhone with a base 16 GB model and larger, 32 GB model. The assumption is that they will all have 3G support with GPS capabilities. Also, it’s been suggested that the iPhone will have the same prices (as today) with both of these sizes. The report also corroborated with Rose’s suggestion of a $200 iPhone, by saying that it could benefit from a subsidies deal and bring the prices down.

Below is the short video of Kevin Rose, owner of Digg.com, spelling out his latest knowledge about the upcoming iPhone:

Rumors have been circulating for quite some time now over the possible addition of colors to the line-up of Apple’s iPhones. It wasn’t until quite recently that there appeared to be some credibility to these rumors.

Among the colors that have been most discussed are: black (entire case, i.e. no chrome) and white (entire case with no chrome). While other colors have been rumored, it seems most likely that Apple will follow in its general suit of black and white, and leaves the door open for the possibility of more.

Pictures, which were leaked through iPhoneClub.nl, have been shown on the internet that display the new iPhone casing. The pictures supposedly originated from an unknown source inside a European accessory maker. They aren’t necessarily real, but the blogosphere has been going wild over these pictures.

Below are the three pictures in question:

What seemed like a drastic collapse of Apple (AAPL) stock at the beginning of the year, has turned into a necessary sale to get rid of extreme speculation. It seems overwhelmingly true that Apple’s strategies and product moves have been quite beneficial to their earnings and in turn, its investors.

Finally, now halfway into the year, Apple is returning to its previous highs and filling in the gap at $200. The question now is should investors speculate at this point by purchasing shares in AAPL?

Before doing that, it’s important to understand that the MacBook Air has a lot of potential. The device is far ahead of the curve, and many people are still getting used to the fact that a fully-functional laptop could be without a CD/DVD-ROM drive. Along with that, the lesser power (CPU), fewer device inputs, and large storage reduction don’t help its cause. On the other hand, the device could see heightened popularity when the general population understands the practicality of a lightweight, highly-portable, and fully-functional laptop. Wireless standards have a lot of room to grow, but as wireless internet continues to grow in popularity and the sharing of broadband connections around the states increases, the device will continue to see a niche demand.

We’ve just published an article regarding the 3G iPhone update that should come within the next couple of weeks. With this update, price reductions may occur alongside a greater demand for the faster, greater business-like phone.

Be careful about purchasing more AAPL at these levels, but with any sizable pullback, a purchase consideration should be made.

Alongside the annual Worldwide Developer’s Conference (WWDC), rumors are surrounding the June 9th Keynote speech by Apple’s Steve Jobs. In traditional fashion, WWDC is being touted as the next spot for an upcoming product update/release.

The long demanded 3G iPhone, which has been the constant talk of rumor sites, may finally have a release date. A report out of GeekSugar is putting a heavy reliance on an insider’s tip. The insider suggests that when Jobs takes the stage on June 9th, he’ll be packing a new 3G iPhone in his pocket.

We’ve already seen iPhone supplies drop and disappear in recent weeks. Both US and UK online stores have declared the iPhone as, “currently unavailable.” What does this most likely suggest? Without a doubt, consumers will see an update within a short few weeks.

As we’ve previously mentioned,

All-in-all, the next revision in the iPhone rumors have included: greener (more environmentally friendly) design, OLED screen (organic), better battery life, simultaneous release of App Store, and 3G capabilities.

Added to this would be the consideration that storage capacities will most likely drop the 8GB model and opt for the 16 and 32GB versions.

Apple consumers are dying to get their hands on the next iPhone. While being well understood that it will be released in 2008, it’s still unclear what will be included.

The next version is certain to include a 3G version. This revision will allow an entirely new audience to join the iPhone/Mac platform. A number of business customers and consumers demanding high-speed wireless internet capabilities have criticized AT&T’s network from the beginning.

The EDGE network continually is considered an underdog and slow alternative to the data speeds at Verizon. 3G could be the direct link between general consumer product and mass market business application. The release of a new iPhone will most likely be subdued to the latter part of the year, as the AT&T network will need to be revamped to allow 3G use, and the iPhone battery needs to be improved to take advantage of the power draining 3G chips.

All-in-all, the next revision in the iPhone rumors have included: greener (more environmentally friendly) design, OLED screen (organic), better battery life, simultaneous release of App Store, and 3G capabilities.

Both the iPod Touch and iPhone have received major updates in storage capacity today on the Apple store. Unfortunately, the upgraded storage capacities have come without major price cuts to the baseline models.

As of today, “Now there’s even more to touch.” The iPod Touch now includes a top-of-the-line 32 GB model. The new version is priced at a steep $399. Although there was a major upgrade to the line, the 8 GB model is still priced $299.

The iPhone also got a modest increase today, with the introduction of a 16 GB model. The new iPhone costs $499, with the older model still priced at $399.

There have been a variety of rumors surrounding the upgrade of the iPhone product line to have wireless 3G technology. One of the most popular gripes about the iPhone is the poor data speeds associated with AT&T’s EDGE network, while the 3G technology is already being used by companies like Verizon Wireless.

Yesterday, AT&T’s CEO stated that 3G in the iPhone will come out “sometime next year.” 9to5mac.com estimates that the new 3G phone will come out sometime in May.

In a new series we’d like to bring to our readers, the “Guess Who’s an iPhone User” posts will introduce a famous user of the popular iPhones.

This week, we found the Rep. Ron Paul using his iPhone. Looks like Dr. Paul might be on the right track! His popularity has been amazing online. The Digg.com user base and plenty of the online social-media sites have made a concerted effort to address this unique Republican Presidential Candidate. Check out his campaign website at: RonPaul2008.com

Disclosure: We do not endorse or donate to the Ron Paul Campaign.