The nerds have done it again.

Apple released its new "Iphone" with music and video capabilities running OSX.
The phones service will be managed by Cingular and they are looking to release it to the hounds in June. There will be two models 4gb at $499 and 8gb at $599. The phone boasts no external buttons a simple touch screen allows you to navigate through all the available functions and features. Proximity sensors in the phone turn the touch screen off while the phone rests next to your ear. An ambient light sensor monitors just that, while adjusting its backlight. Another sensor is able to determine what position the phone is in, landscape or portait. Well Mr. Jobs from the sound of it, it seems you are ready to play with the big boys. Well see how long you can hang.