Apple Cites Record iPhone Sales

Apple said it took pre-orders for more than 600,000 of its new iPhone 4 on its first day of availability, amid strong demand that overwhelmed computer systems. AT&T said it was suspending pre-orders...

Is the iPhone 4 enough to hold Apple's lead?

When Apple launched its first iPhone three years ago, the smart phone landscape was a very different place. Most of the devices were aimed at business users, weren't very easy to use and were limited in capabilities.