iPhone to arrive by end of June This is Money. iPhone is a revolutionary new mobile phone that allows you to make a call by simply pointing your finger at a name or number in your address book, a favorites list, or a call log. iPhone includes an SMS application with a predictive QWERTY soft keyboard that prevents and corrects mistakes, making it easier and more efficient to use than the small plastic keyboards on many smartphones. It will sell for $499 or $599 depending on configuration. The US model is not fully 3G, but the European model that will follow it is expected to be 3G. So it may Impact the mobile market, you better watch AAPL.
Apple have announced that they will be launching the iPhone in the US on June 29. Apple also announced that its goal is to capture 1% of the global mobile phone market, which would be approximately 10 million units being sold in the first full calendar year of iPhone availability.
