Steve Jobs Unveils Apple iPhone

Consumers will finally get the chance to own an iPhone, a mobile phone that plays iTunes and surfs the Web, electronics maker Apple said Tuesday. The device will retail for between $499 and $599.

Company chairman Steve Jobs, speaking at the company's annual Macworld expo, called the iPhone, which will be available in June, a "revolutionary mobile phone" that will feature an iPod, phone and what he called an "Internet communicator."

The phone is rectangular, and the entire front surface is a touch screen. All of its functions are activated by touch, but when you bring your iPhone to your face, a proximity sensor will turn off the touchscreen so you don't accidentally face dial.

The phone, which runs the Mac OS X, will come in two models -- a $499 version with 4 gigabytes of memory and a $599 one with 8 gigabytes.