Jobs keynote signals 3G iPhone release pending

Apple CEO Steve Jobs will keynote the computing giant's 2008 World Wide Developers conference, signaling to pundits that the event will serve to officially confirm the pending release of the much-discussed 3G-model iPhone. Apple PR confirmed to Fortune that Jobs will headline the event, prompting Piper Jaffray analyst Gene Munster to write "The launch of the new model is imminent" in a report to clients Monday. Munster notes that first-gen iPhones are now unavailable via Apple's U.S. online store as of May 10, which he says points to the firm clearing inventory in advance of an upgraded model. Over the weekend, MacRumors also reported on a switch in the latest iPhone 2.0 firmware release enabling users to toggle between 3G data options in an effort to conserve battery life.

For more on the 3G iPhone release:
-read this Fortune article

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