Thoughts on the New iPhone

Unless you’ve been living under a rock for the past few days, there is a good chance that you’ve heard about Apple’s new 3G iPhone which is set to transform the mobile industry. The new phone comes with GPS, runs on the faster 3G network, has improved battery-life and only costs $199 for the 8 GB model. Unfortunately for me I listened through the entire Apple Worldwide Developer Conference keynote on Monday just to get to the end where Steve Jobs announced the new device.

While there were false rumors about video chat and dual cameras on the phone, the phone is still expected to dominate the cell phone market. Piper Jaffray expects Apple to sell a whopping 45 million iPhones next year. It’s not just the iPhone that will positively effect Apple’s bottom line though. Based on numbers that Dan Frommer completed, Apple could generate upwards of a quarter billion dollars in operating income from iPhone application sales.

While I am currently a Blackberry user I am most definitely going to purchase one of the new iPhones for the purpose of testing out the new applications being built on the platform. With GPS integrated applications, the phone will transform location based services and in my own opinion it also will transform the social web. As I’ve said on numerous occasions, the phone is inherently a social device whereas a computer is not.

Will you be purchasing the new iPhone? Do you think it’s going to help transform the social web?