Apple Inc.’s iPhone, a revolutionary new mobile phone, is finally out in the market.

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Hundreds of people lined up on the Apple stores in the US for them to become one of the first buyers of Apple’s music and video playing phone, iPhone. The crowds at some of the Apple’s outlets cheered as their doors opened at 6 PM local time in each US time zone.

Apple targets to sell 10 million iPhones by next year and many analysts say that Apple stock may go up to 30% in the coming year if the phone catches on.