UPDATE: The iPhone 4 giveaway is closed. We will announce the winner soon.

Apple recently released the iPhone 4. The new iPhone 4 sports a new fantastic screen, called the Retina Display, two cameras, (one 5 megapixel HD camera on the back, and a VGA on the front), which allows you to make impressive video calls ( a feature called Facetime), and a whole new design. This awesome device will cost you some dough ($200 for the 16GB model and $300 for the 32GB model), so we teamed up with @AppInsanity to Giveaway a 32GB iPhone 4! Read on for the directions on how to enter.

To Enter This Giveaway, you have to do 3 steps:

Step 1: Follow @AppInsanity (you HAVE to, or else you will be immediately disqualified)

Step 2: Follow @freeiphoneapps (you HAVE to, or else you will be immediately disqualified)

Step 3: Tweet this (fill out your creative response of course!):

Sorry, the contest is over.

Official Rules:

1. The promotion will begin at 5PM PST on JUNE 27, 2010 and ends at 6PM the day after Gun Smoke (sponsored iphone app) enters the top 10 paid apps in the US iTunes App Store Entertainment Category OR at 6PM PST JULY 09, 2010, whichever comes FIRST.

2. To enter the promotion, the entrant must follow freeiphoneapps’s Twitter account located at the URL http://twitter.com/freeiphoneapps and AppInsanity’s twitter accounthttp://twitter.com/AppInsanity from entrant’s own Twitter account. Entrant must then tweet one or more of the approved tweets. Tweets must remain visible and unprotected during the promotion period. Entrants may sign-up for their own Twitter account at https://twitter.com/signup.

3. The prize is an “iPhone 4 32GB” valued at $299.00. We will ship or email equivalent US Dollar value (winner may be required to have or setup a valid paypal account to receive cash equivalent ) the Prize to the winner within 30 days of the promotion closing date. The winner is responsible for any and all fees associated with activating and using the prize. The winner is responsible for any taxes associated with receipt of the Prize. Sponsor reserves the right to substitute the Prize with another prize of equal or greater value if the Prize is not available for any reason.

4. The promotion is open only to entrants who are 13 years of age or older at time of entry, and a legal resident of the fifty (50) United States or the District of Columbia, Australia, Austria, Belgium, Canada (excluding the Province of Quebec), Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, or the United Kingdom. Entrants under the age of majority in their jurisdiction of residence must obtain a parent’s or legal guardian’s consent before participating, and by participating represent that they have done so.

5. One winner will be selected randomly from all the valid entries. Sponsor will notify the winner via a Twitter direct message from the Sponsor’s Twitter account. If the winner does not respond within five (5) days, he or she will forfeit the Prize and another winner will be randomly chosen.

6. No purchase is necessary to enter or win, enter as often as you like. 1 tweet = 1 entry. Void where prohibited or restricted by law.

7. By participating in this promotion, entrants agree to release and hold harmless Sponsor, TeenCastic, and @freeiphoneapps from any claim or cause of action arising out of participation in the promotion.

8. The sponsor of this promotion is Hypertron dot com, inc. DBA App Insanity.