Apple iPhone coming on June 29th

Apple aired three television commercials on Sunday night which ended all speculations regarding the release date of iPhone. These commercials show off what iPhone can do and ends with "Only on the new AT&T" and "Coming June 29". Just in case, you haven’t seen the ad on TV, they are now available on Apple’s website.

iPhone is a quad-band GSM/EDGE device which features three gadgets into one: mobile phone, internet device and iPod with touch screen. iPhone which runs on a mobile edition of Mac OSX and includes WiFi along with Bluetooth and 2 megapixel camera.

Apple has already revealed their intension to open up for third party application development, which makes the phone even more flexible with extended functionalities of third party apps. The 4GB edition of iPhone sells for $499 and the 8GB edition goes for $599 with a 2 year contract.

Market research firm, iSuppli had estimated that Apple has a gross profit margin of nearly 50 percent. Apple makes about 253 for every 4GB iPhone and $318 for 8GB model, if the calculations by iSuppli were accurate. These calculations make me feel that the prices should fall after the initial release. Moreover, there isn’t a large market for such a pricy phone, so eventually the prices should drop. I bet it would take atleast a year to arrive here in India. Ouch!

This post was published by on June 5, 2007

About the Author: Thilak Rao works as a Social Media Expert. He is one of the first professional bloggers from India, and he loves to write, travel and click photos. Follow him on Twitter @thilak

  • http://mahercubed.com Labanon

    Yeah I must but the apple iPhone :)

  • http://techlive.freehostia.com/wordpress Phalgun

    I have already finished collecting money for the iPhone. Waiting for it’s release in India. Next year is too late.

  • http://eliot.bambi.net/blog/ Eliot

    That’s so funny. I saw those earlier today, but I didn’t catch the release date until I was talking with a friend who works at the Apple store!

    It is certainly expensive… I think I’ll wait for a price drop before I get one, but I can hardly wait to get rid of my cell phone and Treo. I think I’ll still keep a full-size iPod around as the iPhone only has the storage capacity of an iPod nano!

    Hopefully they won’t wait too long to bring it to India. :)

    BTW, the live preview in your comments field makes typing go very slow on older machines. (I’m using a Mac mini that’s only about a year old and it was ‘beachballing’.)

  • http://techyantra.net Beta3

    Nice videos :)

  • http://www.techlivez.com latest technology news

    apple ipod will not be successful in india ..its too pricey for the Indians…they know that and i don’t think they will release ipod in India soon ..

  • http://samirbharadwaj.com Samir

    Interesting … like all Apple products …

    But I think I’ll wait for the iPhone Nano … or maybe the iPhone Shuffle …

    OR better yet, I’ll just wait for the Creative ZenPhone which will have the same capacity for half the price and come with a more openly accessible USB interface. :)

  • http://techmantra.net Vikram

    Its just awesome …. Will buy it Soon…

  • http://desinotes.com/ Blogging with Desi Baba

    this new phone will revolutionize the mobile phone industry. I’m sure it will spark other cell phone companies to make great improvements on their phones.

  • http://- vivek

    Its beautiful and i’m very much impressed. A three in one. What else can we expect. Simply fantastic. Awaiting so eagerly to buy.

  • http://techyantra.net/ Beta3

    Nice videos :)