MacRumors.com

ThinkSecret claims that Apple will finally be releasing the long awaited Apple Phone in early 2007.

The rumor site claims that after scrapping a ground-up design, they've decided to go with "several off-the-shelf parts for what will be the first of at least two or three different phones" in the first part of 2007.

The phones are said to include high-end features such as a 3-megapixel camera, 2.2-inch display and complete iTunes/iPod integration. As well, the phone will not be limited to 100 songs as current iTunes phones are.

Earlier this week, we posted an artist rendition of one of Apple's phone prototypes.