Apple CEO, Steve Jobs, has confirmed that there is a 3G iPhone in the works and it should be ready by 2008. Jobs made the following statement at the “Mum is no longer the word” press conference at the Regent Street Apple store in London this week:

“You can expect a 3G iPhone later next year… We are working on the next iPhone already, the one after that and the one after that.”

The news comes as a 2G EDGE-enabled iPhone will be available in the UK on November 9th. When asked why the current model didn’t have 3G, Jobs blamed power issues saying that the 3G chipset would be too much of a drain on the unit’s battery life which promises 8 hours of call time, but said that future models would have the technology.