A new iPhone was spotted last night, and while the body has stayed very much the same, its guts received a much needed overhaul. Apple has thrown a faster processor and twice the RAM into the 3GS, with a 3MP autofocus camera, better battery life and voice controls. iPhone OS 3.0 will come pre-installed, giving you a digital compass, copy and paste functions and a neat Find My iPhone application. It will come in 16GB and 32GB capacities, in the familiar black and white, and be priced US$200 and US$300 respectively. Out in the UAE this August.