The rumor for the next generation iPhone (no date on when it will be launched) is that it will have the video recording capability (it’s about time). Apparently, the new iPhone would be a one-stop studio for video recording, editing, viewing, and sharing, very similar to the popular Flip Camcorder, but with the phone capability.

Only a rumor at this time but it does seem reasonable. I can’t wait to see what the other iPhone Killers will come up with.

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