Ah yes, Apple - always the darling of the Consumer Electronics Show
"Until now, people had no way to listen to music, check their e-mail or take photographs," Apple CEO Steve Jobs said at the unveiling ceremony. "I mean, can you imagine what it would be like to speak to family members over long-distance? Or capture images from life? Trust me, this has never been done before."
The iPhone does everything Apple's $299 iPod and Cingular's $169 Razr phone does, but its $499 price tag makes idiots $499 poorer. Since Jobs returned to Apple in the late 90s, the company has transformed from a computer manufacturer to a creator of expensive gewgaws marketed for the affluent, the stupid, and the affluent stupid.
Alice Morgan, a professor of economics at The University of Chicago, said Apple has smartly exploited a growth market. "The wealthy have more disposable income than ever, and their children want everything," Morgan said. "Apple could market a jug of Jobs' urine as iPiss and become the darling of spoiled teenagers throughout the world."
Holding true to Apple's proprietary software gameplan, I'll bet the phone unusable unless you're calling another Apple-branded phone.