The much-expected iPhone will be available on June 29th at more than 1,800 AT&T and nearly 200 Apple stores, plus the Apple website. Neither AT&T nor Apple is accepting pre-orders for the device. Depending on the memory capacity the iPhone will cost $499 or $599. Over 10 million handsets are expected to be sold in the first year bringing the company more than $5 billion. The device will appear in Europe by the end of 2007 and in Asia in 2008. Apple iPhone is a combination of an iPod, cell phone and Internet device. Some of its features include a large 3.5" touch screen display, ability to play videos and music, 4 or 8 GB of memory, integrated 2Mpix digicam, and high speed Internet access.
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