TechnologyApple's New IPhone Will Pack Plenty of PunchApple's New IPhone Will Pack Plenty of PunchThe Associated PressWhen Apple's new iPhone goes on sale, it will not only raise expectations of what a smart phone is capable of doing, it will also give insight into Apple's future success outside its traditional product line. (July 9)Apple's iPhone has had a remarkable run over the past year, shaking up the stodgy design of cell phones and securing the company a lucrative slice of the wireless business.To sustain that momentum and keep fickle consumers and Wall Street happy, the company needs a dramatic follow up. Apple gets its chance on Friday when it launches iPhone 3G. The new devices not only have a lower retail price, but pack a host of new features. [Notes:SOT Peter Svensson, AP Technology Writer] Apple has a target of selling 10 million iPhones by the end of this year. It's more than halfway there, having sold 6 million of the original iPhones before the supply ran dry in May.And with 70 countries on tap to offer the new device, Apple's market share in the smart phone sector is likely to grow - almost as fast as its bottom line. ___ ___, The Associated Press.(****END****)
