Apple Inc. will start selling its iPhone on June 29. Apple announced the date on Sunday, with three television commercials showing off the phone's large touchscreen and ability to watch video, play music and display photos.

The iPhone will cost $500 or $600, depending on the amount of memory included and will be sold through the online and physical stores of Apple and AT&T Inc., which is the only current service provider. AT&T has exclusive iPhone rights for two years.

Apple's chief executive, Steve Jobs, unveiled the iPhone in January after months of speculation that the company was working on a mobile phone wrapping in features of its popular iPod music and video players.

Worldwide cellphone sales are running at about 1 billion units a year, and Jobs noted that if Apple took a 1 percent market share in 2008, that would mean the company would sell 10 million iPhones.

By: DocMemory
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