3G iPhone

So the iPhone 3G has finally been revealed by Apple today.

So no front mounted camera for video chat (I guess that can wait for the next version), and the camera is still 2.0 megapixels.

The addition of GPS is a key factor here. It's going to enable a huge array of location based apps and web services. Prior to the iPhone, few companies cared about mobile, yet now everyone is fighting to build iPhone versions of their services. You know it's going to be huge when your bank builds an iPhone specific version of their website.

Apples stock (AAPL) is currently down 4%. Is this a good buy opportunity before it soars to $300? ;)

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