The iPhone 4.0 is much awaited by the apple fans. Electricpig have repored with refrence to Wall Street Journal that rumoured iPhone 4.0 will be released in the Summer, around the same timeas previous iPhones have dropped. So this seems to be coming in June 2010. It is further revealed with refrence to Fireball’s John Gruber that the new iPhone 4.0 will have a super sharp 960×640 screen (Sharper than any smartphone on the market right now), a processor based on Apple’s A4 system on a chip as seen in the iPad, and a front facing camera for video chats. The iPhone 4.0 OS will also finally allow for third party multitasking.