Apple iPhone is no longer a mystical rumor; it exists, and it’s the rage for all those techie consumers out there. The Apple iPhone is expected to become available from Apple and Cingular in June ‘07 for $499 for the 4GB and $599 for the 8GB version. It’s a fully multi-tasking communications device that allows the user to read a web page while downloading email in the background over Wi-Fi or EDGE. Other appealing features are its slim profile and lack of keys (only three hard keys), that make this phone the ultimate fashion accessory.