Iron Ink Media: Inked Up

It’s that time of year: Apple rumors abound. OK, let’s be honest… when is it not that time of year? Regardless, the latest info Apple “experts” are talking about is video capability coming to the iPhone. PC World reports:

Reitzes [ Barclay's Capital analyst Ben Reitzes] predicts that a device designed with a video camera on the iPhone’s face and back will replace the current iPhone. The front camera would support video chat, while the regular iPhone camera would work as a video recorder to rival the Flip line of camcorders. This predicton is also supported by yesterday’s rumors that the new iPhone OS 3.0 has extended video editing support.

Reitzes also predicts that Apple will increase iPhone production (we agree), and will make more than one model of the phone. One of those will be a netbook-like model (yeah, we’ve heard that before) and another, with less features, will be released to the Chinese market.

Bottom line: We’ll have to wait until June for the Worldwide Developers Conference to know for sure.