A man walks into a bar in California carrying the latest iPhone 4G (or is that iPhone HD?). The brand new iPhone 4G is bigger, faster and more powerful. Its new features include a camera flash, a ceramic casing, front facing camera and a higher resolution screen, but this is no joke and there is no punch line. For the Apple employee who mistakenly (read drunkenly?) left the latest Apple iPhone 4G in the California bar, these are not tales of drunken hilarity.

The result of this public relations holocaust for Apple has been the centre of much speculation and delight in recent hours. According to gadget site Gizmodo, the latest Apple release dubbed the “iPhone 4G” or “iPhone HD”, was found unattended in a pub in Redwood City some 20 miles from the Apple HQ in Cupertino. If you are a follower of tech news site ‘Engadget’, speculation suggests the phone was actually found lying on the floor. Steve Jobs had initially planned to announce the launch of the iPhone 4G in June. Instead, he now has to contend with the lucky punter who stumbled upon it, touting it to every tech blog in the world in exchange for hard cash. Reports of a $10,000 asking price seem microscopic given the amount of hype surrounding this latest revelation.

 One thing is for certain, Apple want the lost iPhone 4G to be returned very quickly. Unfortunately, California law dictates that the finder of the property must inform the rightful owner. However, given that Gizmodo and Engadget was not ‘the finder’ of said property, it puts Apple in a potentially difficult position.

Since the iPhone launched in 2007, Apple has released a newer and better version every year. The anticipation and buzz surrounding the release of any new feature upgrade is usually welcomed amidst a blizzard of excitement and fanfare, as Apple enthusiasts scramble over one another for a glimpse of a leaked photo or video blog.

Reports suggest that Apple is less than forgiving when it comes to this type of internal balls up. Its unlucky for them, but great for anyone who is interested in getting their hands on an iPhone 4G. Given some of the latest features appeared to be present in the iPhone 4G, it gives iPhone developers a good chance to get ahead of the game.

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