WWDC 2008 Keynote in 60 Seconds

Text
The Text application allows you to send and receive SMS messages.
Calendar
The Calendar application helps you manage your schedule.
Photos
The Photos application displays the photos you have taken or synced from iTunes.
Camera
Take photos with the built-in 2MP camera!
YouTube
Watch YouTube videos on the go!
Stocks
Check your portfolio with stock quotes.
Maps
Find out where you are and get directions with the Maps application.
Weather
Keep an eye on the forecast with the Weather application.
Clock
Don't wear a watch? Check the time with Clock!
Calculator
Crunch big numbers quickly, then flip it sideways for a scientific calculator! (coming in 2.0)
Notes
Take notes and type reminders quickly, then save 'em for later.
Settings
Change your iPhone's various settings.
iTunes
Search, buy and download music right over the air.
Phone
Make and receive phone calls. The most important application on the iPhone, right?
Mail
Send and receive e-mail messages, even when on the go!
Safari
Apple's browser goes mobile, and sets new standards for how the mobile web should be viewed.
iPod
Listen to music and watch videos using Apple's sweet media player.
App Store
Download more applications right to your iPhone!