iPhone 4 confirmed to have 512MB of RAM

TiPb first heard rumors that iPhone 4 would finally beef up onboard RAM to 512MB back in January and it looks like those rumors are now being confirmed via information given out during the WWDC Advanced Performance Optimization Session.
Why does RAM matter? Going from 256 to 512MB of RAM let the Palm Pre go from multitasking a handful of apps to well over 50. That's why RAM matters.
The iPhone 3GS and iPad are snappy at 256MB. iPhone 4 at 512MB should -- to quote Steve Jobs -- should be a real screamer. Especially if iMovie is the kind of app we can expect to see more of. Glad Apple rose to the occasion.
[MacRumors via @justin_horn]
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.