Steve Jobs the CEO of Apple has just announced the new iPhone 4 to the media at WWDC 2010.

The phone will be released on June 24^th to the United States, United Kingdom, France, Germany and Japan. The the new iPhone will start at just $199 for the 16GB and $299 for the 32GB. The 3GS will remain on the market but this time only featuring 8GB. That will be selling for $99

The new features of this phone as follows: (please expand) 

The main Features

Width - 9.3 mm - 24% smaller (thinnest SmartPhone)
Front Camera
Rear Camera with LED flash
Bluetooth
Wi-Fi
GPS
UMTS
GSM
Stainless steel for strength
Glass for optical quality

Retina display

To help improve quality they have introduced Retina display with gives you 4 times the amount of pixels for a more crisp image. Thats 326 pixels per inch.

Changeable Backgrounds on Home Screen

Steve is having a bit of an issue with his new iPhone 4 at the moment though. It is loading slower than his 3GS, a bit embarrassing, he has asked everyone to get off it. "Someone is going down for the Network glitch". Steve is appologizing for the loading.

Back on topic

The phone will feature a 960 x 640 display
800:1 contrast ratio, 4x better than the 3GS
IPS technology - "quite a bitt better that OLED
3.5 inch display
78& of the pixels on the iPad
Existing apps look better

Processor

The iPhone 4 will feature the A4 chipset which is designed by the Apple team. A very good addition to the iPhone. When you take off the back you see the phone is packed which is why it needs the micro sim. But the biggest part is the battery

Battery

3G Talk Time: 7 Hours
Browsing on 3G: 6 hours
Browsing on Wi-Fi: 10 Hours
Video: 10 Hours
Music: 40 hours
Standby: 300 Hours

Environmental

The iPhone 4 is Arsenic-free, BFR-free, Mercury-free, PVC-free and highly recyclable

Network

Quad Band HSDPA, 7.2Mbps
Dual mics, 802.11n Wi-FI, GPS, compass, accelerometer
3-axis gyro (angular velocity
Pitch, roll and yaw

New Camera System

Megapixel Camera
5x Digital Zoom
LED Flash
HD Video 720p at 30 fps and built-in video editing (iMovie for iPhone $4.99)

FaceTime (Video Calling)

FaceTime will only run on Wi-Fi for 2010, Apple are working with Carriers

iPhone OS 4 - iOS 4 - Out Very Soon

Multitasking ("People said you weren't first, we figured it our. if you don't do it right, you kill the battery")
Folders
Deeper Enterprise support
More search engines (Yahoo, Bing, Google)

100 millionth iOS device sold this month. (iPad, iPhone, iPod Touch)

iBooks to be introduced to iPhone 4

Wireless to iPhone, iPad and iPod
Download the book to all your devises and no extra charge.
iBooks automatically syncs your place, bookmarks notes.

iTunes now has over 150 million accounts with Credit Cards

We think this is the biggest on the web. We're number one

iAds - To help our developers earn some money

iAds will be turned on for all of iOS 4 devices on July 1st

Pricing

There are 2 colours, White and Black. Pricing $199 for 16GB and £299 for 32GB 
AT&T will allow you to upgrade 6 months early
iPhone 3GS will now only cost $99

Available June 24th (pre orders 15th June)
United States, France, Germany, United Kingdom, Japan

Free upgrades for all iPhone 3G+ Products (upgrade not available to 2G Users)

Well that seems like all that is going to come out of WWDC 2010.

The iPhone 4 certainly looks good to us.