Built in 5mega pixel camera that shoots 720p HD video. iMovie app for the iPhone to can do quick editing, transitions and Ken Burns effect. Export 360p, 540p, and 720p
New gyroscope, to allow for a 6-axis motion sensor
32GB of storage
802.11n
Capable of 7.2mbit down and 5.8mbit upstream (pending AT&T) over quadband HSDPA/HSUPA.
Update: iMovie app will cost $4.99
Update 2:20pmiBooks will be released for the iPhone. If you purchase a book on your iPad, iPhone or iPod Touch – you can download on another device for free.
More details as they come.
