We all know the 16GB iPhone is coming sooner or later. For existing iPhone owners, it may not be that big of a deal to upgrade, unless Apple slaps on a 3G chip. However, if you’re on the fence about getting one, it might be in your best interest to wait a little longer. Heck you’ve waited since last June, what’s a little while longer right?

Engadget scored an image of what seems to be a 16GB iPhone. The tips supposedly came from inside AT&T info that points to the iPhone showing up shortly. Tipster informed the site that they saw the 16GB iPhone listed as not in stock, while another will bet the farm that the release date is this Tuesday or next week.