Mac fans rejoice -- Apple is entering the cell phone arena! Steve Jobs, CEO of the newly-renamed Apple, Inc. unveiled the much-anticpated iPhone today at the Macworld Expo in San Francisco.

"Well, today, we're introducing three revolutionary products of this class," said Jobs. "The first one is a widescreen iPod with touch controls. The second is a revolutionary mobile phone. The third is a breakthrough Internet communications device." He continued, "These are not three separate devices. This is one device. And we are calling it iPhone. Today Apple is going to reinvent the phone." The iPhone uses a Multitouch system that separates it from the standard smart phone's stylus or keyboard, runs Mac's OS X operating system and synchronizes through iTunes. Featuring a large, 3.5-inch screen, it is thinner than the Razr phone, plays video and even has an iPod dock connector. The phone comes complete with Apple's Safari internet browser and supports Dashboard widgets. iPhone will retail for $499.

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