Apple has announced the iPhone but you have to wait till June if you are to get the phone. Here is a video from engadget giving a first look on the phone.
The Apple iPhone features a 3.5-inch touchscreen with a resolution of 320 x 480 at 160 ppi, a 2 Megapixel camera, WiFi 802.11b/g, EDGE, Bluetooth 2.0. As an extension of the Apple iPod, the iPhone has 4GB or 8GB of storage and it runs on OS X. To your disappointment, the iPhone is not a 3G phone but a phone with Quad-band support.
Watch the video after the jump.