The iPhone 4S will be loaded with the Apple A5 chip found in the iPad 2. It’s a dual-core processor with a 1GHz clock-speed, bringing Apple into line with competitors such as the Samsung Galaxy SII that also have dual-core processors in their phones. Apple claims the 4S is up to seven times faster than the current iPhone 4 and graphics in games should also be improved.

The camera has been increased for the iPhone 4S from the 5Mp camera in its predecessor iPhone 4 to 8Mp for the new one. The 8Megapixel camera will shoot 1080p full HD video (720p in iPhone 4) and a custom lens with a larger f/2.4 aperture  lets in 73% more light than the iPhone 4.

Apple has upgraded the memory (RAM) of the iPhone 4S to 1GB (up from 512mb in iPhone 4). This should allow it to run more applications simultaneously and improve speed.

The biggest new feature is a new voice recognition system called ‘Siri’. Siri is a voice controlled personal assistant that is able to do many different tasks with a simple command. Users can ask the phone to find a restaurant, check out the weather, perform searches, send messages,  setting alarm, setting up meetings, asking for directions, and plenty else besides. Siri can also dictate messages back to the user. The English, French, and German languages will be supported.

The iPhone 4S  will go on sale on 14 October, will be available in 16GB, 32GB and 64GB models – in both black and white in the UK, Canada, France, Germany, Japan, and Australia in addition to the U.S.

Demo video:

The application has a huge collection of functions such as streaming prices, real-time news, live charts and up-to-the second information. The spread betting app also features interactive, multi-touch chart navigation, customizable watch lists and advanced orders including transactional based-stop losses. In addition, fact sheets on each instrument provide streaming news, trading information like trading hours, margin rates and some insights on how other market forces can influence prices.

The CMC Markets executive Chairman and founder, Peter Cruddas, said: “We are not the first company in the industry to launch an iPhone app but without doubt, I believe ours has the highest level of functionality and usability of all the spread betting apps available. Unlike other firms, we haven’t just re-tuned our existing platform and website and put in an app. We’ve taken a different approach. We’ve built it from the ground up as a fully functional trading platform designed specifically for the iPhone.”

The CMC Markets spread betting app for iPhone is currently available to download now for both the demo and live account through the App Store.

There are quite a few different music streaming services available through the App Store, with Pandora and Last.fm regularly being touted as amongst the best. However, few have been quite so hyped as Spotify, which was anticipated as a ‘killer app’ before its launched. This streaming service allows you to search for and play any music from the service’s catalogue, edit your playlists, create new ones, which will sync back to the desktop, and save music to your phone to listen to offline. One slight drawback is that it’s for Spotify’s premium users only, so it costs £9.99, making it amongst the most expensive apps.

FlightTrack – Travel

A handy app is great for travel and business and perfect for frequent flyers. You email your travel plans to TripIt, which organizes a master itinerary which you can then view through the FlightTrack app on your iPhone. It’s smart enough to calculate complications and possible delays based on the weather, while giving you access to airport delays and closures, flight statuses and gate changes. It can even help you find another flight if yours gets canceled.

RunKeeper – Health and Fitness

Certainly one for fitness fanatics, RunKeeper tracks your outdoor runs and performance using the phone’s GPS tracking system. You can check the amount of calories burned, distance traveled, duration, pace and altitude, and it can even trace your path on a map. Because your jogs are stored, you can monitor your progress and see where you need to improve. If you’re more of a treadmill runner, then RunTrack can still monitor your fitness stats without the GPS.

Photoshop.com Mobile – Photography

With a wide selection of apps dedicated to photography, Adobe’s king of photo editing stands out from the crowd. It allows you to flip or crop images, and add effects and filters. You can store, edit and share photos from wherever you are. The iPhones camera might not be the best on the market, particularly in poor light, but this handy app can certainly give those snaps are brush up.

The new iPhone features a 3 mega-pixel camera, with auto focus, it is able to capture video at 640 x 480 at 30 frames per second. Supports the 7.2 Mbps HSDPA standard, and also features a 3.5-inch widescreen Multi-Touch display 480×320 pixel resolution at 163 ppi.

Apple had increased the RAM and the speed of the processor in the new iPhone 3G S which made it up to twice as fast as the previous model when browsing the web or launching applications. RAM has doubled to 256 MB while the ARM processor has been cranked up to 600Mhz from 412Mhz previously.

Apple says also that the iPhone 3GS will last nine hours using WiFi, compared to six hours before, will play video for 10 hours, up from seven hours with the iPhone 3G. You will get 30 hours of audio playback is opposed to 24, and 12 hours of talk time on 2G instead of 10 hours, but 3G talk time is the same at five hours.

the price of new iPhone 3GS is $199 for 16GB and $299 for 32GB in both black and white available June 19th in the United States, Canada, France, Germany, Italy, Spain, Switzerland, and the United Kingdom. Other countries will get the iPhone 3G S in July and August.

iPhone 3GS specifications:

UMTS/HSDPA (850, 1900, 2100 MHz)

GSM/EDGE (850, 900, 1800, 1900 MHz)

3.5-inch widescreen Multi-Touch display with 480×320 pixel resolution at 163 ppi

3 megapixels, Autofocus, Tap to focus, Video recording, VGA up to 30 fps with audio and Photo and video geotagging.

Processor: 600Mhz

RAM: 256 MB

16GB or 32GB flash drive

Support for display of multiple languages and characters simultaneously

Wi-Fi (802.11b/g)

Bluetooth 2.1 + EDR

Talk time: Up to 12 hours on 2G, Up to 5 hours on 3G

Standby time: Up to 300 hours

Size: 115.5 mm x 62.1 mm x 12.3 mm

Weight: 135 grams (4.8 ounces)

Most reports suggest that the new iphone might support data transfer speeds of up to 7.2 Mbps.

Many have speculated that the next-gen iPhone will include video capabilities based on recent clues uncovered in the 3.0 software beta. The AT&T leak even points to the fabled Netbook which is still a thing rumor.

But speed isn’t all the new iPhone will be capable of. Here’s what we can expect this summer.

* New iPhone will be faster and have a more seamless experience unmatched by any device (could be just talking about 3.0, but we think it’s also a new iPhone)

* U-Verse iPhone application; will allow control of your home DVR (play, pause, rewind, etc.)

* The annual iPhone launch is “becoming a tradition”.

* Nothing official is being confirmed, but they said that people should prep for an exciting time this summer.

* AT&T is said to be working with Apple to create a unified product with an unparalleled experience across all their products and services.

* Apple’s 3.0 software should tell us where the iPhone platform is going?

* They said customers shouldn’t need to choose from AT&T’s high-end devices because of features, they should choose based on preferences. The gap in capability should be filled with the new iPhone. Ok, bets on slide out QWERTY, autofocus camera, video sharing, …?

* Seems like the higher speed HSDPA (7.2Mbps) is being hinted at too which should confirm the earlier rumors of the new Infineon chipset.

* The $99 3G netbook will start selling this summer, and the first one won’t be a Windows OS.

* New iPhone announcement around mid-June.

Rumors reports that these points are 100% confirmed.