Speaking at the 'all things digital' conference yesterday Steve Jobs again confirmed June as the launch month adding that the iPhone should be available in volume as well.
Full OS X is incorporated into the iPhone along with a full version of browser software Safari.
Quote:
Q: When are you planning to ship? Like the last day of June? It will be available in volume?
Late June... I hope not! I hope so!
Q: But the iPhone doesn't REALLY have the whole OS X operating system on there...
The answer is: yes it does! The entire Mac OS is gigs, a lot is data. Take out the data -- every desktop pattern, sound sample -- if you look at Safari it's not that big. It's REAL Safari, REAL OS X. We put a different user interface on it to work with a multi-touch screen... it's an amazing amount of software.
Q: All indications appear that the iPhone is closed, we'd love to develop apps...
This is an important tradeoff between security and openness. We want both. We're working through a way... we'll find a way to let 3rd parties write apps and still preserve security on the iPhone. But until we find that way we can't compromise the security of the phone.
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