
The latest version that ever ran on the iPhone 3G was iOS 4.2.1, but even though iOS 4 brought multi-tasking to the platform the iPhone 3G never got that. The iPhone 3G had been introduced in June 2008 with 16 and 8 GB capacities. Of these the 16 GB was discontinued after 1 year while Apple kept the 8 GB model around as the cheaper iPhone. This was discontinued on June 4, 2010 when the iPhone 3GS took its place as the “cheap one” while the iPhone 4 became the “current model”.
Long story short: The iPhone 3G has been discontinued 2 years ago. But there is also a technical reason why 2012 will be the final nail in the coffin that buries the iPhone 3G: The deprecation of armv6.