Posted by: macintoshsisters | June 20, 2007

Apple launching iPhone on June 29 2007

Apple launching iPhone on June 29
JEFFERSON GRAHAM, USA TODAY

Mark your calendars and get out your sleeping bags. Apple and AT&T stores will begin selling the much-awaited iPhone on June 29, and lines are expected to be long.

The combination iPod, cell phone and Internet device “will be sold out by mid-afternoon” on opening day, predicts Richard Doherty, an independent analyst with The Envisioneering Group. “There’s that much anticipation for it.”

Apple CEO Steve Jobs has projected sales of 10 million iPhones in its first year. With two models priced at $499 and $599, depending on storage capacity, that would generate more than $5 billion in additional retail sales.

FULL article at Insystar

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