What do you want from the next generation iPhone?
If evidence is to be believed, we may have new iPhone hardware in our hands by June. (ZDNet Apple Core blogger Jason D. O’Grady thinks so, too.)

Why? Leave it to the too-much-time-on-their-hands MacRumorers to discover that the next-generation iPhone is indeed on its way: The site says it has discovered within Apple’s iPhone 2.x Firmware evidence of the next-generation iPhone, designated “iPhone2,1″.
Apple uses the model numbers to distinguish between different hardware models: the original iPhone carries the model number of “iPhone 1,1″ and the iPhone 3G is numbered “iPhone 1,2″.
The numbers do not change for “refreshed” models (such as increases in storage) and instead represent functionally different devices.
(Similarly, the iPod Touch was originally introduced as the “iPod 1,1″ and the most recent hardware revision — which added a speaker, volume controls, microphone support and a faster processor — was labeled “iPod2,1″.)
The new model number can be found in the USBDeviceConfiguration.plist in unencrypted firmware.
Additionally, according to the site, “at least one developer has noticed actual ‘iPhone2,1′ models in use based on PinchMedia ad serving reports.”
So what should we expect in the next iPhone? Well, rumor has it that the next incarnation of the device may support multi-core CPUs and possibly multi-core GPUs from Imagination Technologies.
(Over the past year, Apple has been building a team of chip engineers to participate in their own ARM processor designs that will presumably be used in future iPhones.)
Apple skipper Phil Schiller previously outlined Apple’s natural product timelines and acknowledged that June is the usual timeframe for major iPhone revisions, with storage increases possible anytime.
What would you like in the next iPhone?
[Thanks: http://blogs.zdnet.com]
Sio the iPhone has found yet another new use: now it has been turned into a mobile credit card processing device, thanks to a new application called ProcessAway. The software is made for an Apple iPhone or iPod Touch and works over any available network connection. Transactions can be processed at places such as conventions, street fairs, antique shows, and by business owners performing mobile detailing, on-site consultation or construction.
As such, business owners can use their iPhone to conduct real business. The ProcessAway software utilizes the Authorize.net gateway. The Authorize.net API is what fueled the development of ProcessAway and allows the millions of iPhone users to turn their device into a credit card terminal.
The business owner is not limited to mobile transactions through their device. The Authorize.net merchant account used with ProcessAway includes an option to download transactions into Quickbooks and also a comprehensive Virtual Terminal. This gives business owners the benefit of processing transactions out of the office with ProcessAway and in the office through the web-based Virtual Terminal, all with a single account. Even though the Virtual Terminal is available, ProcessAway was designed as a stand-alone comprehensive processing solution that can be used effectively in any environment.

The ProcessAway software will be sold through the iTunes AppStore for $19.99. A fully functional free version, called ProcessLite, will also be available. It will be identical to ProcessAway except the charge amount will be limited. Both ProcessAway and ProcessLite were submitted to Apple for review on January 26, 2008, and will appear in the AppStore according to Apple’s approval schedule, for more information check out the official website.
[Thanks: http://www.iphoneworld.ca]