Report: Next iPhone will be 4G compatible 8 (UPI) -- U.S. technology giant Apple Computer is aiming to build the next generation iPhone with 4G LTE capabilities, reports say. Apple is famously closed-mouthed about its products in development. But sources told The Wall Street Journal the next version of the iPhone would be able to handle the latest and fastest version of broadband technology. The Los Angeles Times reported Saturday official confirmation of the speculation could come as early as Wednesday, when Apple hosts a conference in San Francisco. The next iPhone will be the sixth generation of the mobile device. Rumors already circulating have the phone thinner and with a larger screen than its predecessors, and priced at $199 for the 16 GB model, the same price as the iPhone 4S.