New York, New York 6/26/2007 10:22:54 PM
News / Science & Technology

Apple (APPL) announced that iPhone (TM) users will be able to activate their phones using iTunes.

Apple and AT&T Inc. today announced that iPhone(TM) users will be able to activate their new iPhones using Apple's popular iTunes software running on a PC or Mac computer in the comfort and privacy of their own home or office, without having to wait in a store while their phone is activated.

Chat real-time with other investors about this AAPL news release, by clicking this link: http://www.stockwire.com/AAPL
 
  Apple and AT&T Inc. today announced that iPhone(TM) users will be able to   activate their new iPhones using Apple's popular iTunes software running on a PC   or Mac computer in the comfort and privacy of their own home or office, without   having to wait in a store while their phone is activated. Activating iPhone   takes only minutes as iTunes guides the user through simple steps to choose   their service plan, authorize their credit and activate their iPhone. Once   iPhone is activated, users can then easily sync all of their phone numbers and   other contact information, calendars, email accounts, web browser bookmarks,   music, photos, podcasts, TV shows and movies just like they do when they sync   their iPods with iTunes.
 
  "Users will be able to activate their new   iPhone in the comfort and privacy of their own home or office, without having to   wait in a store while their phone is activated," said Steve Jobs, Apple's CEO.   "There are tens of millions of people in the US who already know how to sync   their iPods with iTunes, and syncing their new iPhone with iTunes works the same   way."
 
  "iPhone's user-driven activation is another example of how   AT&T and Apple have partnered to bring innovative new features to our   customers," said Randall Stephenson, chairman and CEO, AT&T. "iPhone's   innovative activation and sync is just one example of how this is going to be a   real industry game-changer."
 
  iPhone introduces an entirely new user   interface based on a revolutionary multi-touch display and pioneering new   software that allows users to control iPhone with just a tap, flick or pinch of   their fingers. iPhone combines three products into one small and lightweight   handheld device-a revolutionary mobile phone, a widescreen iPod, and the   Internet in your pocket with best-ever applications on a mobile phone for email,   web browsing and maps. iPhone ushers in an era of software power and   sophistication never before seen in a mobile device, which completely redefines   what users can do on their mobile phones.
 
  Pricing & Availability
 
  iPhone goes on sale at 6:00 p.m. (local time) on Friday, June 29 and   will be sold in the US through Apple's retail and online stores and AT&T   retail stores. iPhone will be available in a 4GB model for $499 (US) and an 8GB   model for $599 (US), and will work with either a PC or Mac.
 
  System   Requirements
 
  iPhone activation requires an Internet connection; an   iTunes Store account or a major credit card; a valid Social Security number (as   required by AT&T); the latest version of iTunes available at   http://www.itunes.com and a PC or Mac with a USB 2.0 port and one of the   following operating systems: Mac OS X v10.4.10 or later; Windows XP Home or   Professional with Service Pack 2 or later; or Windows Vista Home Premium,   Business, Enterprise or Ultimate Edition. iPhone requires a new two-year   AT&T service plan. Customers with existing AT&T accounts will have the   option of keeping their existing phone number and upgrading their account to   work with iPhone. See separate iPhone Service Plan press release for further   details.
 
  About Apple
 
  Apple ignited the personal computer   revolution in the 1970s with the Apple II and reinvented the personal computer   in the 1980s with the Macintosh. Today, Apple continues to lead the industry in   innovation with its award-winning computers, OS X operating system and iLife and   professional applications. Apple is also spearheading the digital media   revolution with its iPod portable music and video players and iTunes online   store, and will enter the mobile phone market this year with its revolutionary   iPhone.
 
  About AT&T
 
  AT&T Inc. is a premier communications   holding company. Its subsidiaries and affiliates, AT&T operating companies,   are the providers of AT&T services in the United States and around the   world. Among their offerings are the world's most advanced IP-based business   communications services and the nation's leading wireless, high speed Internet   access and voice services. In domestic markets, AT&T is known for the   directory publishing and advertising sales leadership of its Yellow Pages and   YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators   in such fields as communications equipment. As part of its three-screen   integration strategy, AT&T is expanding its TV entertainment offerings.   Additional information about AT&T Inc. and the products and services   provided by AT&T subsidiaries and affiliates is available at   http://www.att.com.
 
  2007 Apple Inc. All rights reserved. Apple, the   Apple logo, Mac, Mac OS, Macintosh, iPhone and iTunes are trademarks of Apple.   Other company and product names may be trademarks of their respective owners.
 
  During pre-market trading shares are up 1% to $123.66 with over 200,000   in volume.
 
  As the saying goes...follow the money!

To see the complete Movers & Shakers Blog go to:  http://www.stockwire.com .

About Stockwire:
Stockwire is a company that is pioneering a new way to  research companies before you invest them. It's called a Stockumentary. A  Stockumentary is a documentary on a publicly traded company. Imagine a Dateline  NBC segment, but on a publicly traded company. We are the first company to ever  bring this type of quality research to investors in this format.