Vincent Nguyen (of SlashPhone and SlashGear fame), has posted what he claims may be a leaked photo of Apple’s cellular phone on aMobileME.com:

Who ever coined the phrase “the devil is in the details” must of have been a genius. When I got the tip in for the image of the Mobile Me phone below, I immediately resized and crop the image without even bothering to look at the “whole” picture. Keep in mind that I got two tips in right around the same time; one was the video and this one. All this took place about 2 hours prior to announcement of the iPhone by Linksys. Looking over the image now, I missed a few key details. Do you notice the blurb on the bottom left?

“Setup note: This board should”

This image looks like it’s something an ad agency is putting together for Apple. So in my mind I’m thinking that Apple gave a bunch of info and images to the ad agency to play with…why else is this blurb in there?

Full article with larger images here.

And more about it here, too: http://www.amobileme.com/another-plausible-iphone-design-18108.php

[Thanks to approximately 5,000 MacDailyNews Readers for the heads up.]
This is a rumor and this photo could be a fake, but we cannot currently discount it (like most we see).

A few points to support its validity:
• The camera could be on the back side of the phone
• The text could be a work in progress
• The “iPhone” could be a placeholder name

One big point that may show it’s a fake is that it’s still there online. No demand by Apple’s legal eagles to take the image down should cause skepticism about this image’s validity.

Related articles:
RUMOR: Second leaked Apple ‘iPhone’ image shows chameleonic trackpad – December 21, 2006
Linksys announces iPhone family of Voice Over IP handheld phones and devices – December 18, 2006
RUMOR: Apple on track with ‘iPhone’ release, no delay – December 16, 2006
Fortune: Steve Jobs’ Apple ‘iPhone’ could upend entire US wireless distribution model – December 15, 2006
RUMOR: Apple ‘iPhone’ may include JAJAH VoIP software – December 15, 2006
RUMOR: Apple ‘iPhone’ details surface as release date grows closer – December 15, 2006
Report: Skyworks selected to supply ‘Front-End Module to Apple’s new iPhone’ – December 15, 2006
Broadcom wins SoC bid in ‘upcoming stealth phone’ coming soon from ‘major consumer device company’ – December 15, 2006
Gizmodo guarantees ‘iPhone’ will be announced on Monday – December 14, 2006
Report: Apple expected to debut ‘iPhone’ – December 14, 2006
Analyst describes Apple ‘iPhone’ featuring metal case in multiple colors with virtual click-wheel – December 14, 2006
UBS analyst: Apple may launch MVNO, serve as own carrier for ‘iPhone’ – December 13, 2006
Apple using ‘iPhone’ as diversion? – December 11, 2006
Apple’s ‘iPhone’ silence drives rumor mill crazy – December 08, 2006
BusinessWeek: Wish List for Apple ‘iPhone’ – December 08, 2006
Apple ‘iPhone’ could cause Nokia, Palm, Motorola, and RIM to really start to sweat – December 07, 2006
Apple shares fall as CIBC sees ‘iPhone’ release delayed – December 07, 2006
Analyst expects 16GB flash-based Apple iPod video player, 4-8GB flash-based ‘iPhone’ models – December 07, 2006
Prudential: Apple ‘iPhone’ to sport iPod click wheel; video iPod by Q2 – December 06, 2006
RUMOR: Apple’s smart phone project to feature ‘extensive integration with Mac OS X’ – December 05, 2006
Apple begins ‘iPhone’ production – December 05, 2006
Apple needs to think different about data security for ‘iPhone’ – December 05, 2006
NVIDIA graphics chip for next-gen Apple video iPod delayed? – December 04, 2006
Kevin Rose: Dual-battery Apple ‘iPhone’ coming in January; $249 for 4GB, $449 for 8GB – December 03, 2006
Apple applies for ‘Mobile Me’ trademark – January 11, 2006