UMPCfever.com posted a story early this morning showing purported pictures of the next-generation iPhone. As is usually the case with spy shots, the pictures are pretty fuzzy, showing mostly the screen without revealing the body of the phone - it’s claimed in the article that the prototype body can’t be revealed. What? Why bother taking spy shots if you can’t reveal the entire item itself, even when you have it in your hand? 

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Steve Jobs isn't officially expected back at Apple until later this month, but he apparently made an appearance at the offices of Apple yesterday afternoon for a meeting. Reports say Steve looked to be in "good shape". Steve Wozniak was quoted yesterday as saying Jobs sounded, "healthy, energetic". Jobs isn't expected at WWDC, but don't be suprised if the "one more thing" at WWDC is Jobs himself.

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Mike Abramsky, an analyst for RBC Capital, believes that Apple could offer a $99 iPhone if the company is able to leverage its component and manufacturing effeciencies. This is not the first time we've heard of a $99 price point and would certainly help fight potential upstarts like the Palm Pre.

Abramsky believes Apple will use WWDC to announce the 16GB and 32GB next generation iPhone models that have been widely rumored. Previous reports have these models priced at $199 and $299, so perhaps the company will continue sales of the iPhone 3G, but at a reduced price? No surprise, but Abramsky says that demand will increase if Apple is able to hit the $99 price point.

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Apple is reportedly working on a "Media Pad" or Apple Tablet that will make it's debut in 2010. The Apple Tablet will usher in a new product that fits between the iPod touch and Apple's Mac Book laptops. The thinking behind the Media Pad is to create a device larger in size that is ideal for watching movies, reading books and for surfing the Internet. It will not be a full scale laptop, as to not cannibalize laptop sales.

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Apple recently announced that over 1 billion applications had been downloaded from the App Store, a lofty number, but it's not clear how profitable the App Store has been for Apple. Enter Lightspeed Venture Partners, who have assembled an interesting analysis of App Store profits. Based upon their estimates, they believe Apple has made between $20-$45 million in revenue from the App Store.

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Apple has changed their policy when it comes to new iPhone 3G orders. Previously, customers would be required to pick up their iPhone 3G at a local Apple Store. Starting today, you can have buy an iPhone 3G from the Apple Store online and have your order shipped directly to your doorstep.

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Apple this morning confirmed that Steve Jobs would not be taking part in the keynote on June 8th at Apple's Worldwide Developer Conference (WWDC). In his stead, Phil Schiller will deliver the keynote along with other Apple executives.

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