iPhone OS

• 1,000,000 SDK downloaded. 50,000 apps in store. 40,000,000 iPhones & iPod touches sold already
  
• New OS 3.0 available today with 100 new features on June 17th to all iPhone users for free and for $9.95 to iPod Touch users
  
• New OS supports cut, copy, paste, MMS support, landscape mode in all Apple applications
• Support for sending Photos, contacts, audio files, etc over the cell network
• MMS Support won't be available by AT&T till later this summer
• Spotlight: enables search across entire phone, contacts, apps and details within apps, etc.
• Tethering allowing users to share the Internet connection with with Mac/PC, USB or Bluetooth
• Parental controls introduced
• iTunes: Rent and purchase movies right from the phone!
• iTunesU also now available on the iPhone
• Safari Mobile: Performance upgrades, HTTP streaming audio/video, Autofill, HTML 5 support
• Find My iPhone: MobileMe Service launched that allows users to locate iPhone on a map then send wipe command to delete all items on the phone remotely
• In App Purchases: enables the purchase of content within applications
  
• Real-time data straight out of iPhone (i.e. medical alerts)
• Turn-by-turn navigation via TomTom GPS app on the iPhone
• Textbooks on the iPhone via Iceberg app on the iPhone
• ZipCar on the iPhone allows users to book and even unlock a car with the iPhone

iPhone 3GS

• iPhone 3Gs is for SPEED
• Photo Camera - 3.2 Megapixel auto focus - Has a new autofocus, tap to focus, autobalance, low light sensitivity, auto macro
• Video Camera - 30 frames per second with auto focus, exposure control, and more
• Videos are kept in your photo library and you EDIT videos on the phone!
• Videos can be auto share to iTunes, MobileMe and YouTube
• Voice control - make calls & play songs, playlists and play similar songs with the sound of your voice
• Digital Compass
• Accessibility settings - voice over, zoom in, invert colors and mono audio
• Nike Plus Support 
• Hardware encryption for business
• Better battery life
• Most environmentally friendly iPhone
• Priced for $199 for 16GB and $299 for 32GB in black and white
• Available June 19th