New York, New York 6/29/2007 11:10:10 PM
News / Finance

Jobs reportedly is giving all Apple employee’s a free iPhone

  Chat real-time with other investors about Apple, by clicking this link: http://www.stockwire.com/AAPL
 
Steve Jobs, Apple's chief executive, has sweetened the iPhone launch for  employees of his company by promising each a free iPhone device.

In a company wide address to Apple workers Mr Jobs said that each of the  firm's 20,000 odd employees would receive a $599 (¢299) iPhone for free — a  gift with a total retail value of $12 million, according to reports.
 
  "We've certainly built a lot of iPhones, although it may not be enough,"  Mr Jobs told the New York Times yesterday, when asked whether supply would  meet demand, adding that he was not sure what to expect when 6pm ticked  around.
 
  In his review of the iPhone in the Wall Street Journal,   Walt Mossberg said that the relatively sluggish edge network was the device's "major  drawback".
 
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.