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Jobs announced that the first iPhone would be released later that year. On June 29, 2007 the first iPhone was released. On June 11, 2007, Apple announced at the Apple's Worldwide Developers Conference that the iPhone would support third-party applications using the Safari engine on the device.
Just 10 weeks after the original iPhone's release on June 29, 2007, Apple dropped the price from $599 to $399 for the 8 GB model. When the original iPhone 16GB model debuted in February 2008, it was priced at $499, but dropped to $399 within two months.