For many cult of iPhone followers GPS has been a critical missing piece on their beloved smart phone. Broadcom, a chipmaker, is the company rumored to be supplying the global positioning system in the new 3G iPhone anticipated to make it's triumphant appearance next month. Broadcom shares jumped more than 6% to $28.85 on news of Apple's iPhone. Neither Apple nor Broadcom are commenting on an official link-up.
According to a GigaOM post, all signs point to yes on GPS as a feature in the new 3G iPhone that's sure to drive demand, especially so when paired with the already popular Google Maps. Broadcom may be poised to emerge a big winner from the success of the new 3G iPhone. Gizmodo is casting doubt on GigaOM's sources because it's not their sources. Duh! More rumors and battling over sources to conclude in an epic thumb wrestling event.