At the London launch of the iPhone Apple CEO Steve Jobs stated that his company is already hard at work on version 2 of the touch-screen phone/iPod/web browser/camera.

"We're already working on the next iPhone, and the one after that," Jobs said, adding, "and we're already thinking about the one after that..."

He was responding to a question about whether a UK iPhone purchaser could expect a similar rebate to that offered Apple's US customers when iPhone price cut was announced.

Version 2 of the iPhone is expected to utilise the superior 3G mobile broadband technology – instead of the current use of EDGE networks.

Jobs admitted that EDGE is slower than 3G for web browsing, but stated that battery life is a problem with 3G.

"WiFi offers better connectivity," said Jobs, explaining: "What we did, rather than risk running battery life down, is add WiFi. We’re sandwiched between 3G with more energy efficiency and a faster WiFi network."

However, O2 CEO Matthew Key revealed that when the device launches in the UK on 9 November just 30 per cent of the UK will be enabled for EDGE on the O2 network.

Apple CEO Steve Jobs London photo gallery