Click here to listen to callers tell us what they would do if they found an iPhone from the future!

[audio:http://angelayee.mystagingwebsite.com/wp-content/uploads/2010/05/WS-05-03-10-PART-1.mp3] [audio:http://angelayee.mystagingwebsite.com/wp-content/uploads/2010/05/WS-05-03-10-PART-2.mp3]

[Transcription below]

This story’s been in the headlines unraveling for a couple days now. It involves a popular blog, the country’s hottest tech company and a bar. It’s kind of important because it could happen to any of us. 

What would you do if you found an iPhone from the future? Would you give it back? keep it? or sell it to the highest bidder?

The flap started last month when the Apple engineer, Grey Powell, left behind a fourth-generation iPhone prototype at a Silicon Valley Bar.  A 21-year-old college student named Brian Hogan was handed the phone by someone who found it on a bar stool.  Hogan said he asked around if anyone had lost the phone and then left the bar with his friends. He then sold the device to the tech blog Gizmodo for $5,000. Gizmodo Editor Jason Chen then wrote about his latest find on his blog.

Apple contacted Chen and requested he return the device.  He obliged but a lawyer representing Apple contacted prosecutors and asked them to look into the matter.  The District Attorney referred the matter to the California Rapid Enforcement Allied Computer Team aka REACT.  Then While Chen wasn’t at home, authorities raided his home in search of evidence pointing to Chen having purchased stolen property.  Investigators, armed with a court order, confiscated four computers and two servers.

Gawker the parent company of Gizmodo asked that Chen’s equipment be returned on the grounds that as an online journalist Chen is protected by laws that shield newsroom equipment from being seized.  Charges have not been filed against Hogan the 21 year old who found the phone.

But If authorities classify the incident as a theft, Hogan could be charged, and anyone else who was in possession of the phone that also means that Jason Chen, the Gizmodo editor…

There are so many legal and moral questions here that what started out as the “Find of the Century” may become a supreme court case and also makes you ask the question… what would you do? What would you do if you were the kid who found it? The blogger who bought it… or Apple?

With all the legal talk… the new features are kind of getting lost in the sauce.  Here are the specs:

• Front-facing video chat camera

• An Improved regular back-camera with a larger lense..

• A camera flash

• a Micro-SIM card instead of standard SIM (like the iPad)

• An Improved display… with much higher resolution.

• A secondary mic for noise cancellation, at the top, next to the headphone jack

• Split buttons for volume control

• metallic Power, mute, and volume buttons

• And a larger battery

• The back is entirely flat, and will be made of either glass or ceramic or shiny plastic in order for the cell signal to poke through and the device is 3 grams heavier.