Apple Profits More on iPhone 2

The market research firm iSuppli Corp reported on Tuesday that the new second-generation iPhone will have have a higher profit margin than the original iPhone. A new iPhone 2 will cost $199 plus a service plan from AT&T. AT&T in turn pays Apple an estimated $300 subsidy for delivering them a new custom. [...]

Explosion of iPhone Software Developers

This San Jose Mercury News article highlights the enthusiasm of software developers towards the introduction of the new iPhone App Store. Analysts even boast that the iPhone will spawn a $1 billion or more software industry:
“I’m seeing an excitement among mobile developers that I’ve never seen before,” said Sam Altman, chief executive and co-founder [...]