iPhone To Be Released June 29, 2007

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There is finally a set date for the release of the new iPhone.

This multi-functional smartphone will be available in US markets on June 29, 2007. This new phone is expected to take about 6% market share by 2008.

This souped up phone comes with a price tag of $499 (4GB) or $599 (8GB) with a two year service contract from AT&T/Cingular.

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