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The only major difference, except of course the color, appears to be a slightly thinner version of the standard "iPhone" trademark at the back.
Either way, the Chinese are sure to love it.
Same phone, same features, shift in color
Same size, different color. The position of the buttons does not seem to have changed, and the new model does appear to retain all of the standard iPhone's design features.
While a gold iPhone may scream luxury and bling to some, others are left scratching their heads as to why champagne gold would be considered.
Cheesy, fashionable, tacky or classy -- whatever your opinion when you merge gold with Apple's iconic brand, it's probable that such a device will generate huge sales.