http://www.ibtimes.com/articles/24368/20100520/larger-battery-thinner-frame-new-iphone-4g.htm
Heres what it basically says:
The next update on the next-generation iPhone is expected in June 7th where Apple will kick off a media craze expected to last until release June 2011.
Apple and Steve Jobs, meanwhile prefer to keep their focus on the iPad for now, with the international launch (for UK) at the Apple Store on London's Regent Street on Friday 28 May.
I just can't see apple just sitting on there hands when the EVO and Droid incredible are launched and have amazing hardware specs. You mean to tell me that after all the different products they have launched that they can't juggle a phone release that they have done now for 3 years. I know its about that time of the year that rumors are being sprayed left and right.