iPhone 4G, which is rumored to be released by this April has already started building a lot of hype around the internet. Though its specifications can’t be confirmed unless something official pops out from the Apple, rumor has it that the new iPhone 4G will be miles ahead than the rest of the smartphones, including nexus-one, in terms of hardware specifications.

There has also been several rumors regarding the design and body of the new iPhone, but still no verdict from the company. We have managed to gather rumors from all around the internet about its specifications. Here they are:

• Sturdy Titanium and Glass Design.
• OLED screen.
• 3G Data Speed.
• 10% thinner than the iPhone 3GS.
• Flash, powered by Adobe Inc.
• True GPS.
• iChat Camera.
• Larger SIM Card tray
• Removable battery with better life.
• 5 Megapixel camera.
• Video-capable.
• 32 GB and 64GB capacity.
• Messaging Light.
• Photo-sensor to adjust Screen Brightness
• New iPhone Firmware (4.0 probably)
• 1.2 Ghz Dual-core processor
• Up to 18 hours of Video, and 48 hours of Audio playback
• Better WiFi with support of 802.11n
• $199 and $299 price points to be maintained
• Video-recording and editing capabilities
• Ability to send a picture & video via MMS
• The camera, GPS, compass and Google map combined will identify photo and inform about photo locations
• Turn-by-turn directions
• FM Transmitter

Now what among it is real or what is fantasy can’t be decided right now, but most of the features listed above are considered for the next version to be “essentials” for iPhone’s survival in the smartphone market. Stay tuned to this blog for more updates!