The new Apple iPhone 4 goes on sale June 24th and eager fans are already trying to figure out how they can get their hands on the latest and greatest iPhone.

Apple CEO Steve Jobs called the iPhone 4.0, which is the fourth generation of iPhone, the "biggest leap since the original iPhone" was launched in 2007. The new device has a homegrown processor like the one used in the iPad and a bigger battery that offers up to seven hours of talk time, six hours of 3G browsing, and 300 hours of standby. It also comes with a new 5 megapixel camera that can record video in high-definition.

There's also a camera situated on the front of the phone that can be used with Apple's new FaceTime video chat application. The iPhone 4 will sport the latest iPhone operating system software, iOS 4, which includes a ton of new features, such as multitasking, a unified in-box, and conversation threading.