John Gruber of DaringFireball, while talking about the 5 inch Dell Streak, priced $300 with a two-year AT&T Contract and $550 without, said that iPod Touch will come with dual camera and better display:
That’s almost twice as much as a good iPod Touch, and if you wait a few weeks to buy the Touch, you’ll get one with a Retina Display and dual cameras. If Dell can’t make an iPod Touch competitor, who can?
It is however not clear if he had some insider information or he was responding to to the rumor going around.
Apple usually release iPod updates in September, but Appleinsider reports that, this year’s event might be held earlier – on August 16 or 17.