Movable (virtual buttons)
Multifinger gestures
No hard buttons
Runs OSX
Includes desktop applications - calendar, itunes
iTunes syncing - video, music (plays both)
3.5", 160 pixel per inch screen(!!!), widescreen
2MP camera, iPhoto application & syncing
proximity sensor - turns music off as you bring it to your ear
SIM Card
Auto-tells if in portorait or landscape, adjusts any app you're in accordingly
Cingular-only? - GSM+EDGE
11.6mm thick
iPod (dock) & headset connectors
Visual voicemail - choose your VM
New contacts list setup, sort of like a Dashboard application
wifi, bluetooth
Conference calling - just touch to add callers
Multiple session SMS
Simple actions like "pinching" to make pics & websites bigger & smaller
Safari web browser - shows full webpages, view multiple pages, switch between pages
E-mail - IMAP, POP3
Google Maps (incl. Sat. imagery) - keeps track of where you are, can tell you the closest things (ex: starbucks) to you
Widgets (Dashboard)
"Today we are announcing Yahoo will offer free push-IMAP email to iPhone customers. This isn't just IMAP, this is push-email, same as a BlackBerry.""
Yahoo Go / Yahoo One search - yes, they have both Google and Yahoo on this device (in fact, the Google CEO is on stage right now and now the Y! one is coming up)
5 hr battery for talk time, 16 for audio
Tiny "pencap-like" bluetooth headset available.
Involves "over 200 patents"

4GB - $499
8GB - $599

Cingular Exclusive in the US. Worldwide by the end of the year.

Available in Cingular and in Apple stores in June, 2007

Photos:
http://www.macrumorslive.com/photos/



Updates, January 16:

iPhone will have:
full JavaScript capabilities
Flash - maybe
"pinch" 2-finger control can zoom in any application
Calendar/ et al allow for events and such to be added directly to the phone, not just via computer sync
Modes such as "Airplane" mode that disable the cellular signal while allowing the rest of it to function
No GPS
HSDPA (3G) "to be added as it becomes more widely available"

More iPhone models promised

Update January 26, 2007:

Rogers Wireless has been selected as the exclusive provider for Canada.
CNBC is reporting that Cingular will give away 18 months of service FREE to iPhone owners. *RUMOR ONLY*

And that is that )

huh, i thought they would have scrapped that idea. i dont see it doing that great with as much competition as there is in the cell phone market.

If it works half as well as it sounds I could see there being a demand for it. I'd be willing to pay a premium for that kind of tight integration, but $500 on top of a 2 year contract is WAY out of my price range. Competition aside, modern cell phones are a pain in the ass.

Andrew Beard

I dunno, I have at least 2 friends looking at it seriously. I want one, but it not being on vzw is a killer for me.

Being a Cingular member, and needing a new phone, it looks tempting. Dunno if the price is worth it, guess I'll check it out once it arrives here.

If it delivers as promised, it's freakin amazing. Of course, the price is very high, so that's an individual decision.

that'll suck if it's cingular only. i hate cingular.

[quote author=small town king link=topic=66507.msg1141110#msg1141110 date=1168375975]
that'll suck if it's cingular only. i hate cingular.
[/quote]

If? As said in the original post, it is a US Cingular Exclusive (and for 2+ years, too).

I mean, Cingular isn't BAD - only VZW is better... certainly Sprint & T-Mobile come nowhere close. But I'd have a hard time justifying switching from vzw.

[quote author=MZ6ZoomZoom link=topic=66507.msg1141114#msg1141114 date=1168376030]
[quote author=small town king link=topic=66507.msg1141110#msg1141110 date=1168375975]
that'll suck if it's cingular only. i hate cingular.
[/quote]

If? As said in the original post, it is a US Cingular Exclusive (and for 2+ years, too).

I mean, Cingular isn't BAD - only VZW is better... certainly Sprint & T-Mobile come nowhere close. But I'd have a hard time justifying switching from vzw.
[/quote]

not a fan of t-mob? i have to say they've given me great service, a fair price and good coverage here in MN.