The iPhone is still recording a great deal of success, so we can only imagine that the iPhone 3.0 will also be expected as a really great deal by the fans. Below we have what are the rumored specifications for the iPhone 3.0, which , of course, should be read with caution since they might be fake.

However, the posting site, Appadvice, is a trusted source and we tend to believe them. Either way, here are the rumored iPhone 3 specification:

- 32GB and 16GB to replace current capacities
- $199 and $299 price-points to be maintained
- 3.2 Megapixel camera
- Video recording & editing capabilities
- Ability to send a picture & video via MMS
- Discontinuation of the metal band surrounding the edge of the device
- OLED screen
- 1.5X The battery life
- Double the RAM and processing power
- Built-in FM transmitter
- Apple logo on the back to light up
- Rubber-tread backing
- Sleeker design
- Built-in compass
- Revolutionary combination of the camera, GPS, compass, and Google maps to identify photo and inform about photo locations.
- Turn by turn directions
- July 17th, 2009 release date

Some great specs, don’t you think? We’ll see if all of them are 100% true on July 17, then, when Apple is expected to release the iPhone 3.0.