The Apple iPhone has finally received its official release date through a commercial which aired during "60 Minutes" yesterday. The ad is now available on the Apple website.

Prior to the announcement, the only hint that was given regarding the highly anticipiated cell phone's launch date was that it would debut in late June. The Apple iPhone is now officially set for release on June 29. The 25 days left up to the iPhone's launch should provide a little more time to save up for the $499 required to buy the 4GB version or the $600 to buy the 8GB version. After the initial price, though, you'll still have to swallow the 2-year AT&T contract.