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Steve Jobs: Free iPhones for Apple employees

June 28, 2007 - At a town-hall meeting with employees Thursday, Apple CEO Steve Jobs announced that all full-time Apple employees will receive a free 8GB iPhone, while part-time employees who have been with the company for more than a year will also receive a free iPhone.
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The phones are expected to be delivered to employees by the end of July, after initial consumer demand has subsided. According to Yahoo! Finance, Apple has 17,787 full-time employees.

This is not the first time Apple has givenfree product to its employees; in early 2005, the company rewarded all employees with a free 1GB iPod shuffle.

Meanwhile, unconfirmed Think Secret reports suggest that while three million iPhones are said to have been manufactured ahead of Friday's launch, Apple will only release about one million into the channel this week, staggering product availability availability beyond that to avoid any perceived major shortages.

Finally, Think Secret sources have confirmed that Apple will offer an AppleCare for iPhone extended two-year warranty option for $69, but that the plan will not be available at launch. iPhone owners can purchase the AppleCare plan at any time provided their phone is still covered under the original one-year warranty.

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