Hi-def screen has been more or less a forgone conclusion for months (I cannot wait to see what it looks like). Better processor is a no-brainer. But this is the big news in the Bloomberg story from Tim Culpan, Peter Burrows and Adam Satariano:
Apple is bringing LTE to the iPad before the iPhone because the tablet has a bigger battery and can better support the power requirements of the newer technology, said one of the people.
Makes sense to me. Sarah and I talked about this possibility on iPad Today (about 4:30 in) a few weeks ago.
And if the iPad does gain LTE, the logical next step is that the next iPhone would gain the technology as well. But I’m with John Gruber, it’s more likely, but not a slam dunk. Every single person I know who has a 4G phone still just bitches about the awful battery life when LTE is enabled. There will need to be more power-efficient chips (which seems likely) and/or Apple will have to pull out some battery life magic (also likely) to ensure an LTE iPhone this year.