Apple has officially announced the release date of the iPhone to be June 29th, 2007. There have apparently been 3 separate advertisements displayed for the iPhone on the Apple website specifying that the iPhone would be released on June 29th. The new videos boast the feature rich functionality of the iPhone, and like all other Apple advertising, I’m sure the ads are enticing the masses to shell out $499 for the 4GB model (or $599 for the 8GB model) for a new phone.
Analysts have been quoted as calling the initial iPhone sales estimates “too low”, others estimate that Apple will sell upwards of 10 million iPhone units by year end. Either way, good sales or bad, I think that there is only one thing that the iPhone will do for Apple stock once it is released… You guessed it, Apple stock will likely continue to rise upon the release of the iPhone, so buy it now, then sit back and watch it grow.
You can checkout the three iPhone television ads here: http://www.apple.com/iphone/ads/