AppleInsider is reporting that analyst Shaw Wu of American Technology Research believes that the Apple iPhone is ready.
Our research indicates that an Apple-designed smart phone has moved from concept to prototype and recently has progressed to near completion as a production unit," analyst Shaw Wu told clients in a research note on Tuesday. "We believe this smart phone has been in development for over 12 months and has overcome substantial challenges including design, interference, battery life and other technical glitches
Wu also shed some light as to the design of this upcoming release.
"The design will be an iPod nano-like candy bar form factor and come in three colors (we are not certain of the exact colors but we suspect black, white and platinum, similar to Apple's current color scheme of iPods and Macs)."
Sources do not believe that the iPhone will be released at the September 12th event, recently confirmed by Apple.