The Apple iPhone, which was announced by CEO Steve Jobs, will be available starting in June exclusively through AT&T's Cingular Wireless. Apple has said it hopes to sell 10 million units in 2008, or about 1 percent of the market.Phone combines three products — a revolutionary mobile phone, a widescreen iPod with touch controls, and a breakthrough Internet communications device with desktop-class email, web browsing, maps, and searching — into one small and lightweight handheld device. iPhone also introduces an entirely new user interface based on a large multi-touch display and pioneering new software, letting you control everything with just your fingers. It is completely redefining what you can do on a mobile phone.
Pricing of the iPhone – expected to be $499 for the 4GB version and $599 for the 8GB version. However, analysts criticized Apple is setting an aggressive price and it will drop very soon. Most of the market analyzers estimate the 4-gigabyte version of the iPhone, with a retail price of $499, will cost Apple $245.83 to make, the 8-gigabyte version, priced at $599, will cost Apple $280.83. And this is a 50 percent gross margin on sales price. Greg Joswiak, Vice president of Apple Company is totally against all these comments by viewers and customers world wide. And all he added is “Unfortunately most phones haven’t had much to compete on today other than price.” to MacWorld news earlier this month.
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