Apple's revolutionary iPhone now comes in a new 16GB model for $499. It joins the 8GB model for $399. As a side note, the iPod touch now comes in a new 32GB model for $499. It joins the 16GB and 8GB models for $399 and $299, respectively.
Customers who’d like to carry more music, photos, and videos with them now have new models of iPhone and iPod touch with double the memory from which to choose.
Apple recently announced a free software update for its iPhone that allows users to automatically find their location using the redesigned Maps application; text message multiple people in one message; create Web Clips for their favorite websites; customize their home screen; and watch movies rented from the new iTunes Movie Rentals right on their iPhone. | 
