The release date of the much anticipated Apple iPhone has finally been set on June 29, 2007. As diehard fans already know the 4 gigabyte version costs $499 and the 8 gigabyte version is $100 more. It will be offered exclusively by AT&T Inc.'s wireless division, formerly known as Cingular.

 

The phone will be available n Europe later this year and Asia in the beginning of next year. Here are more details.