iPhone 3G Update Coming Soon?

RBC analyst Mike Abramsky speculates that Apple will be announcing an update iPhone 3G during its annual developers conference on June 8-12th, and also that the device will be released in July. Possible new features for an updated iPhone would include faster 3G connections, meaning a transition from HSDPA to HSUPA, video recording, 16GB/32GB memory space, and a tad thinner than the current iPhone 3G. The bad news is that he speculates that the pricing will remain the same, whilst most consumers are hoping that Apple will lower the prices during the current global recession.