Hasta La Gadget!

Sprint on Wednesday announced pricing and availability for the hotly anticipated HTC Evo 4G. The phone will be available June 4 for $199.99 with a 2-year contract. Much is already known about the Evo 4G, the first 4G-capable phone released in the U.S., but these two details indicate the phone will go head-to-head with the next Apple iPhone.

A new iPhone is expected sometime in June; if history is any guide, the base model will likely sell for $199.99. PCMag mobile analyst Sascha Segan predicts it will be called the iPhone HD and will place an emphasis on recording and sharing HD video. Because the phone won’t be on a 4G network, it is unlikely Apple will call the device the iPhone 4G, a name that has been widely circulated because it will be the fourth generation.

The HTC Evo 4G is a monster when it comes to hardware specs and a giant when it comes to software. The device will include a 4.3-inch LCD screen, a 1-GHz Snapdragon processor, an 8-megapixel camera on the back, and a 1.3-megapixel camera on the front. The phone will run Android 2.1 software with HTC’s Sense UI, a similar setup that we saw (and liked) with the HTC Droid Incredible. A full hands-on with the phone can be found here.

Sprint also announced that the Evo 4G will be the first device that will be able to stream YouTube videos in high quality mode. During an event in New York, Sprint showed off the Evo next to a Motorola Droid, which can only stream YouTube videos in standard quality, and the difference was stark–the Evo’s high quality stream looked bigger, brighter, and bolder.

Look out for a full review of the HTC Evo 4G on PCMag.com closer to the phone’s release date.