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Boston  – The Apple iPhone is now just hours from being released on Friday at 6 p.m.

The anticipation level for the Apple revolution on the mobile phone industry has hit its peak. Aple shares have gained more than 40% since the iPhone was even announced.

John Shinal for Market Watch stated that the investing is based on momentum. Everyone is optimistic for the future of the iPhone.

Steve Jobs, CEO of Apple Inc. stated that “We’ve invented a new technology called multi touch, and it works like magic.”

By next year Apple expects to sell 10 million iPhones. They will be sold through AT&T for $499 and $599 with two different storage capacities wih a 2-year-contract.