iPhone Redux

Eight people -- presumably hardcore Apple fans -- plunked down $999.99 to buy the "I Am Rich" application for the Apple iPhone from the company's new App Store. That's right. It is the ultimate status symbol.

With enhanced graphics, faster download speeds and easier access to fee-based games, Apple’s second-generation iPhone has the potential to revitalize the mobile gaming industry, experts say.

Second acts should not be taken for granted. Apple and Steve Jobs have yet to make that mistake. The company and its founder have been riding high in recent years, but they've both seen darker days.