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Official iPhone Release Date: June 29

Get your credit cards ready, people! Apple has announced the official release date for one of the most anticipated gadgets in recent history. The iPhone will be available through AT&T(Cingular) on June 29. Two versions of the phone will be for sale, a 4GB for $499 and 8GB for $599.

For a closer look at the iPhone in all it's glory, take a look at this video from Macworld of Apple's Phil Schiller explaining all it can do.

Now I wonder... how long do you think it will be before an updated version of this is released? 6 months? One year? Comment with your thoughts.

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