The link above (in my first post) has all the details.
It has all the features of an ipod (and then some) - music and videos.
It also has all the features of your average cell phone (and maybe then some).
And it has internet (Safari, if I'm not mistaken).
From the main page of apple's iphone site:
Quote:
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iPhone combines three amazing products — a revolutionary mobile phone, a widescreen iPod with touch controls, and a breakthrough Internet communications device with desktop-class email, web browsing, maps, and searching — into one small and lightweight handheld device. iPhone also introduces an entirely new user interface based on a large multi-touch display and pioneering new software, letting you control everything with just your fingers. So it ushers in an era of software power and sophistication never before seen in a mobile device, completely redefining what you can do on a mobile phone.
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Theres some great videos on the site that go through the many features. Check it out. It's pretty cool.