The folks over at Gizmodo have managed to get hold of the next generation iPhone 4G or iPhone HD. The new iPhone 4G looks drastically different from the previous generation iPhone 3G/3GS. The new iPhone 4G has a back made of shiny plastic or ceramic or glass for better network reception.
Gizmodo also reports that the new iPhone features a front facing camera for video calls. The new iPhone also features a micro-sim slot instead of the usual SIM card slot.
The new iPhone will also feature another microphone at the top for Noise Cancellation. The camera lens size of the iPhone has also been increased and it features a Flash for assisting low night photography. Gizmodo reports that the new iPhone was originally running iPhone OS 4.0 even before it was announced. But Apple remotely killed the phone after it was reported lost.