A report has surfaced that looks at all the items on iTunes and then puts it with some other figures available to come up with an estimated cost to run iTunes each year. According to the report, it costs as much as $1.3 billion a year to run iTunes.

Apple has settled the ongoing patent suit with Nokia. The settlement has Apple paying an undisclosed sum in licensing fees.

Mat Brady has come up with an iPhone idea that has 60GB of internal memory, slide-out keyboard, true 16:9 screen ratio with 640x 360 resolution.  This concept design is being called the “iPhone ELITE.” We have seen a few iPhone camera lenses out there, but they all require bulky cases and never seem to work very well. USB Fever has come up with a magnetic set of lenses that can be attached without the air of a case.

Kraft Foods has released the iFood Assistant iPhone application. This app provides users with 7,000 recipes, each with its own video demonstration. iFood Assistant also gives users an editable shopping list for gathering ingredients from the grocery store. Spatial View has finally released their Wazabee 3DeeShell for the iPhone 3G. This “shell” has a lens that claims to allow users to see the screen in a unique 3D view. Man there has been more than enough third party keyboards out there for the iPhone. This latest one we have stumbled upon folds in half and is packed with features.

The 2008 Best App Ever Awards have come around and we urge you to take the time to go over and vote for your favorite application. There are 34 categories that the applications are voted on ranging from the eponymous “Best App Ever” all the way down to “Best Free or Ad Supported Game.” The PSP-like iControlPad for gaming on the iPhone has finally made its way to production. Now we will soon be able to play games with physical buttons.

As promised the iPhone Dev Team has released their iPhone 3G unlocking tool entitled “Yellowsn0w.” This unlock ban be downloaded via Cydia on unlocked iPhones. A pink iPhone 3G hit Ebay this week sparking all sorts of rumors. It was not long after it popped up that we found out that this is only a pink case that looks surprisingly like the phone itself.

iPhone owners in colder climates have always wanted to be able to use the iPhone with gloves to avoid freezing their fingers off.  Apple has filed a patent on gloves that contain a special tip that can mimic the electrical conductivity of skin to trigger a response.

The DevTeam warns:

You must upgrade to the latest 02.28 baseband (firmware 2.2) in order to use this unlock and also jailbreak with QuickPWN/PwnageTool and add Cydia/Installer.

Please take a note that this is a beta application—version 0.9.1— so install at your own risk.

Btw, Gizmodo said, it doesn’t work very well!

Yeah, since it was still in beta version, I think it could be understood. However, bravo the DevTeam! Two thumbs up!

Yeah, it’s a New Year gift from a group, known as Dev-Team, who created a software unlock for the iPhone 3G so that the device could run on other carrier’s networks.

You can view a live demo of the yellowsn0w – the software’s codename here.

So you can enjoy this first public demo of the iPhone 3G unlock, courtesy of Dev-Team member MuscleNerd. You can see it that the team was able to get T-Mobile service working on a previously locked AT&T iPhone 3G. Yay!

The team has set the release date of their free unlocking tool for New Year’s Eve 2008 (so you just have to wait 9 more days to try it yourself ). As they warned before, the unlock is only for the iPhone 3G with a baseband of 2.11.07. To figure out which baseband you have, simply go to Settings-> General-> About-> Modem Firmware.

They have set the release date of their free unlocking tool for New Year’s Eve 2008. They have codenamed the unlock “yellowsn0w.” They are packaging the unlock method into a user-friendly applications much like the QuickPwn that everyone will be able to use.  As they warned before, the unlock is only for the iPhone 3G with a baseband of 2.11.07. To figure out which baseband you have, simply go to Settings-> General-> About-> Modem Firmware.

The unlock can only be applied to jailbroken iPhone 3G handsets via Cydia. Those of you who have update their Mac to OS X 10.5.6 will have to find an alternate method as this version disables DFU mode, a vital step in the jailbreaking process. The iPhone Dev Team believes the issue with DFU mode to be triggered by a kernel bug rather than countermeasures made by Apple. There is a way to fix this issue for those of you who are brave enough to attempt it.

Many users have found that as in other countries, there are no limitations in place for these iPhones. Whether or not this is an error in the firmware or not has yet to be determined. If it is indeed an error, Apple will fix it in a future update, but until then customers have the choice when it comes to a carrier. The only missing feature is with other SIM cards is CHT’s network-specific web services, which cannot be accessed with another carrier’s SIM.

CHT s currently selling the iPhone 3G without a contract at NT$26,600 (US$800) for the 8GB version and NT$29,900 ($901) for the 16GB version. There are discounts for those who sign a two-year agreement. CHT requires a refundable deposit of up to NT$24,000. If you add up the costs you would pay over two years with a locked AT&T iPhone 3G, it is more expensive than you would pay for the unlocked CHT version.

[Via SlashGear]

So what’s the downside? I still don’t see any proof. Sure, there’s a video–and it’s posted below–that showcases this YESSIM unlocking method. But the site’s FAQs and information are vague at best. Plus, the video doesn’t really show all that much. 

What will it take for a video showing this unlocking process for real to show up online? Until then, I’m not convinced. 

[youtube]http://www.youtube.com/watch?v=eggVCvsdr7I[/youtube]

[via The iPhone Blog]