Вот некоторые сведения, почерпнутые из различных источников:

1. You can now download, rentals, movies, tv shows, video podcasts, and applications on to your iPhone using the iTunes Wifi music store.

(Теперь вы можете загружать фильмы, тв-шоу, подкасты и программы на iPhone используя iTunes Wifi music store.)

2. The camera application has been seriously enhanced with the ablity to not only record video with audio, but to be able to upload your videos to the .Mac web gallery AND You Tube! YouTube uploads has a 7 minute caps time on it.

Улучшены возможности фотокамеры, теперь она сможет не только записывать видео и аудио, но и загружать ваши видео в веб галерею .Mac и на YouTube (до 7 минут видео)

3. Google Maps' locate me feature has been made a lot more accurate on this build.

(Функция Google Maps Locate Me в этом релизе сделана более точной)

С другого сайта:

According to a tip passed onto the site, Apple recently commissioned a survey alongside its exclusive French iPhone wireless provider indicating that the next version of the handset's software would be labeled iPhone software 2.0 rather than 1.1.4 and include support for Adobe Flash, copy and paste, and iChat over WiFi, among other things.

If accurate, however, the rumor has the next version of the iPhone software arriving "in a few days."


-- Update 2 (this would be the correct name, not 1.1.4), will bring new features:
* Support for Flash, files with extension .Docx
* Adding a mini file manager
* Adding a "clipboard" to manage copied and pasted text, and send files to the clipboard via email or bluetooth
* iClips Management (is this the name of apps distributed via iTunes?)
* A more complete bluetooth manager
* iChat accessible only via wifi

-- But it would not bring:
* Management of MMS
* Video capture
* Editing of office files


В общем, как видим если бы хотябы половина из того, что написано будет в новой прошивке, то это будет весьма значимым апдейтом.