From the moment Apple announced the iPhone, critics, reviewers, Apple lovers, potential buyers and, of course, iPhone Matters, questioned a few things, such as the high price, the lack of 3G capability, the limited storage and expandability, the final terms for the Cingular contract, how long before we can see a price drop and so on.

As you can gather from my introduction the answer has been found, although at the minute it’s still really anyone’s guess as to the final details of the whole deal. But in a rather long article on MacNN, Piper Jaffray look into these questions that seem to pop up time and time again.

It’s interesting to see that Apple most likely chose EDGE over 3G in order to keep the cost of the iPhone down, this could also be said for the lack of storage and expandability, although I’m still curious as to why there’s no way of replacing the battery should the time ever arise. The article also suggests that the iPhone could come down in price by almost as much as half after the first year, as did the ROKR, but that it’s not really an accurate comparison.

It’s a great read for anyone wanting to know a little more about how this iPhone deal is going to work. You can read MacNN’s article here.