Refreshed internals, lower price point possible.
Artist Rendition of Next Gen iPhone with Leaked Black Bezel
One MacRumors reader Carniphage posted a photoshop rendition of what the next generation iPhone might look like using the leaked bezel image.
The bezel appeared at parts supplier ChinaOnTrade and shows the speaker for the iPhone at a much higher position than the current iPhone. It also shifts the color of the surrounding border from silver to black.