CBS Early Show: Fans drool for updated iPhone Video

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CBS Early Show: Fans drool for updated iPhone
Created: 07/11/2008
Video description: Frenzied consumers have formed long lines waiting for Apple's next generation of the iPhone, the iPhone 3G. But is it worth the wait? Daniel Sieberg reports.

CBS Early Show: Fans drool for updated iPhone Video Transcript

>> Well, as you can see we're on Fifth Avenue in front of the Big Apple Store right next to our studio. Here is the giant [inaudible] a group of people who are waiting...

>> Being held back.

>> Exactly -- right with bated breath to get their brand new iPhone. CBS News Science and Technology correspondent, Daniel Sieberg has had the opportunity to go take this little baby out for a test drive.

>> I have Harry. I think security should be here, so we don't get mauled while we've got this in our hands. Well, you know, it's been a little more than a year since the original iPhone made its debut and now in less than a half hour, Apple's second generation iPhone 3G is about to roll-out in stores across the U.S. ^M00:00:36 [ Crowd cheering ] ^M00:00:38

>> It's been out for nearly 24 hours in New Zealand and Australia, but the iPhone faithful in the U.S. need to wait just a little longer before getting their fingers on the latest model.

>> Through using the iPhone as a vehicle to bring all these other games and applications to it.

>> Exactly right and...

>> Recently, Apple Vice President Greg Joswiak showed me some of the new features on the iPhone 3G including a faster data network, GPS tracking and motion sensing games.

>> These are applictions that no one's ever seen anything like this run on a phone. I'm actually making this go by how I move the phone.

>> Everybody wants an iPhone, but we need to make it more affordable...

>> That was the promise from Apple's CEO Steve Jobs in early June when he unvieled the iPhone 3G.

>> It surfs the web, it downloads data twice as fast for half the price.

>> It will sell for $200, that compares with $600 for the original iPhone when it went on sale last year.

>> There are gonna be Apple faithful who are glad to spend another $200 or more for the higher capacity iPhone, but I think more important, there are gonna people who are holding out. Who didn't wanna spend $400 or more, who wanted the faster network, who wanted the GPS. And I think this is gonna grow Apple's market share in a very significant way.

>> But buying into the latest Apple craze doesn't stop with the purchase price. Exclusive carrier AT&T has several plans available with the starting point at $70 a month. Plus another $20 for unlimited text messages. That's compared to similar devices and plans from rival carriers like Verizon and Sprint. For many it will all be worth it.

>> That's gonna cost a lot less now too is definitely gonna make it more appealing to a wider set of people, you know not just the Apple fanboys and gadget heads.

>> Well,as you can imagine, iPhone's success has bred a lot of compitition that looks remarkably similar, Harry.

>> Yeah, let's take a look Daniel. Thanks so much. ^M00:02:34

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