There has been quite many rumors about Apple iPhone.

Here are some predictions of several analysts. Upon exiting a meeting with the company's leadership earlier this year, Bear Stearns analyst Andy Neff said it was his belief an iPod phone was "in the works." Similarly, Shaw Wu, an analyst with American Technology Research, recently stated his "firm" belief that Apple has been working on cellphone technology.

Wu said the company is likely to adopt an MVNO (mobile virtual network operator) strategy, where it will not own a licensed frequency spectrum, but instead resell wireless services from larger providers under its own name. Such an approach would allow Apple to maintain tight control over the phone's user experience, he said.

"The company has said it is possible that a music-enabled phone could cannibalize the demand for a lower priced iPods," PiperJaffray analyst Gene Munster recently told his clients. "While we continue to believe there is a high chance that Apple will launch an iPhone in the next 12 months, the company says that the right path for Apple is to continue to pursue devices with one primary feature and not focus on multiple functions in one device," Munster said.

Furthermore it's been said that Apple Computer chief executive Steve Jobs' own excitement over the device has produced a number of zealous ramblings amongst personal acquaintances dating back to this spring. One acquaintance believes that Apple cofounder has commissioned the release of cellphone prototypes to at least two potential OEM manufacturing partners in recent months.

By now, the notion of an Apple iPhone has grown from rumor to expectation. People will still be stewed before the fact comes out.