The iPhone 3GS Steve Jobs talked about yesterday is actually a new version with a lower 8GB memory to replace the dead iPhone 3G.
So if you're interested in the 3GS, now's the time to buy – you might be able to pick up one of the older 16 or 32GB models before they disappear.
Size and weight
As we found out, iPhone 4 is 24 per cent thinner than its predecessor at 9.3mm instead of 12.3mm. It's also ever so slightly wider by 3.5mm. In terms of weight, we also know that it's slightly heavier at 137g instead of 135g.
Wireless and data
In terms of Wi-Fi, iPhone 4 adds 802.11n to the mix alongside 802.11b/g and Bluetooth 2.1. The 7.2Mbps HSDPA, 3G and EDGE specs are no different
Location and hardware
The accelerometer, aGPS, compass and Wi-Fi location specs remain unchanged from the 3GS, but there's new hardware elsewhere – three axis gyro that can add increased six-point movement accuracy into apps and games.
Power and battery
Steve Jobs claims a 40 per cent improvement for the iPhone 4 over the 3GS, citing 7 hours talk time on 3G for iPhone 4 – up from 5 hours on the 3GS. Standby time is now a cited 300 hours but, interestingly, that was also the same for the 3GS!
You do get an hour more browsing in the stats (6 from 5) and 10 hours more audio playback (40 from 30) – though video is unchanged at 10 hours.
The iPhone 4 is available at capacities of 16 and 32GB, though sadly not 64GB. The iPhone 3GS has regressed though – from being available with 16 and 32GB, models produced from now will be fitted with 8GB of memory instead in order to fill the budget shoes of the now defunct iPhone 3G – the end of a truly disruptive handset.
The 3GS white is now discontinued – all are now black, while iPhone 4 gets black and white variants. Apple is also shipping 'bumpers' - coloured surrounds . Six colours are available.
The iPhone 4 display remains the same size as that on the 3GS, with a 3.5-inch diagonal. However, it's completely different, with four times as many pixels in a so-called 'retina display'. That name is because Apple says the display has more pixels than the human eye can actually distinguish.
The 3GS has a 480 x 320-pixel resolution at 163ppi, while the iPhone 4 ups this significantly, giving a 960 x 640-pixel resolution at 326ppi and an 800:1 contrast ratio. While the screen isn't OLED as with some other smartphones, Apple says it's IPS display tech is better – it's already been used on the iPad.
While the 3GS supported video recording, it was VGA (30fps). The iPhone 4, as predicted, pokes a finger in the eye of devices like the Flip HD, with its own HD (720p, 30fps) recording.
The iPhone 4 ups the game significantly in the photography department, but it still will disappoint against the very best camera phones. Still, against the 3GS it's positively brilliant, with 5 megapixels instead of 3 megapixels and the addition of an LED flash (which can also be used for the video).
The tap to focus is retained. iPhone 4 also adds on a front-facing camera for FaceTime Wi-Fi video calls and more.
External buttons and inputs
The inputs and outputs are largely unchanged, but there's an extra mic on the iPhone 4 for better call quality through noise cancellation. The buttons remain in the same places, but the volume buttons have been separated out into up and down.
Sadly, there's no rotation lock button as on the iPad.
Liked this? Then check out Best iPhone apps: coolest, best and latest revealed
Want to get rid of your old mobile? Compare and get the best price
Sign up for TechRadar's free Weird Week in Tech newsletter
Get the oddest tech stories of the week, plus the most popular news and reviews delivered straight to your inbox. Sign up at http://www.techradar.com/register