The new iPhone is expected out this summer, and if the picture is the real thing, it looks like the same form factor for the next generation of Apple's touchscreen device. In fact, based on what we see here, one could go out on a limb and say that most of the changes made will be under the hood. Like the iPad, the new iPhone is expected to use Apple's in-house chips. The iPad uses the A4, Apple's own speedy 1GHz processor. With the growing number of handsets that are equipped with Qualcomm's zippy 1GHz Snapdragon, it wouldn't be too much of a stretch to see the A4 being employed on a new iPhone. According to Apple Insider, those in the know about the handset say the home grown system on a chip package, along with software enhancements, will allow the new version of Apple's touchscreen device to offer a faster interface and longer battery life. In a discussion last week between the WSJ's Walt Mossberg and Apple CEO Steve Jobs, the executive said, "It's all about the display. Our chips don't use hardly any power."
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