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The iPhone Arrives

What could make the normally oh-so-cool denizens of New York's SoHo district queue for hours -- and even days -- like Soviet-era housewives on a Borscht jag? Why, the Apple Inc. (Nasdaq: AAPL) iPhone of course!

Lines started forming early at the Prince Street Apple store and soon stretched around the block, despite the fact that the gadget won't be released til 6 p.m. Eastern time. The situation was similar at the official AT&T Inc. (NYSE: T) store on Broadway, according to our correspondent uptown.

Of course, some weren't just waiting for bragging rights but hoping to turn a tidy profit, too. People on New York City Craigslist were looking for more than double the asking price of the $600 8GB model even before they got one in their hands.

In fact, only a select band of broadsheet reviewers and TV crews have actually got their hands on an iPhone so far. The consensus being that the interface and design is a hit, but slow downloads and browsing speeds over the AT&T EDGE network are a letdown. Meanwhile, the majority of Unstrung readers believe that the device will be a hit for Apple and AT&T even if they aren't yet rushing out to buy one. Fifty-nine percent of the 137 respondents to our poll say that the iPhone will be a success, but only 29 percent believe it will be the next mobile gadget they buy. (See iPhone, U Buying?)

None of which will stop the Appple faithful waiting to be the first on their block with an iPhone.

— Dan Jones, Site Editor, Unstrung

Photos by Ray McConville

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