When it was released on June 29th, 2007, the iPhone had wifi, bluetooth 2.0 and a 2-megapixel camera. The 4 GB version was priced at $499; the 8 GB version at $599. Cingular, now AT&T, was the only US carrier at that time.
The product launch was not without controversy. Apple infuriated early adopters when, on September 5th, 2007, it dropped the price of the 8 GB model to $399. It also discontinued the 4 GB model at that time. Recent purchasers were eligible for a $200 rebate. Apple eventually gave other iPhone users a $100 rebate toward Apple products.
Apple’s iPhone continues to be a success. Sales of its latest phone, the iPhone 4S, topped 4 million units in its first weekend. Its operating system (iOS 5) is a dominant player in the mobile world as well, powering iPhones, iPads and iPods.
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