New IPhone

Make room for some new tech toys: Apple unveiling the next edition of the Iphone Monday at the tech giant's annual developer's conference.

Calling it "the biggest leap since the original Iphone", Apple CEO Steve Jobs introduced the Iphone 4 today at Apple's annual conference for software developers.

The device has a higher-resolution screen and a front-facing camera.

It also has a gyroscope which will allow for precise motion detection.

It will also have HD video recording capability.

The Iphone 4 will be priced at $199 for a 16gb model and $299 for a 32gb model, and it will go on sale June 24.

The newest model is less than 10 millimeters thick which is about three-eighths of an inch.