Those 'industry sources' are at it again, this time supposedly leaking information on the highly anticipated next generation 3G iPhone.

According to reports by TG Daily, the new device will launch at the  Apple WWDC event in June, with prices starting at $399.

The new models available will include an 8 GB model and a 16 GB model, priced at $399 and $499, respectively.  It is believed that a 32 GB version for $599 will also be released.

This is ofcourse purely rumour and speculation at this point as no official confirmation has been issued by Apple as of yet.

[via TG Daily]