As recently as September, Apple was playing coy when it came to a rumored 3G iPhone. At a news conference that month Steve Jobs told reporters a phone wouldn’t appear before they can “see the battery lives for 3G get back up into
the five-plus-hour range.” Nevertheless, its carrier seems to have less compulsion to hold back. Yesterday, AT&T’s CEO Randall Stephenson all but announced an impending 3G iPhone, responding to a reporter’s question about the possibility with: “You’ll have it next year.” Apple declined to comment, but presumably isn’t thrilled about the slip—especially when it comes on the tails of the holiday wish-list deluge.

Meanwhile, on PPX the news incited a flurry of trading on our 3G iPhone proposition. But until Apple proffers an announcement of its own, the stock’s up for grabs.—Abby Seiff