Before we go ahead with this article we thoroughly credit Ars Technica and their internal sources who dripped out the gossip on this meeting. Apparently Steve Jobs held a meeting before the historical launch of the iPhone. We personally know it will be a momentous occasion, considering that people are hiring professional waiters to wait in queue for their iPhones! To summarize the meeting, Steve reminisced about the good 'ole Mac Days and went on to compare the launch of the iPhone as the beginning of a new era in the mobile phone industry. He went on to answer a few queries about lack of "core competence" of the ordinary phones that led to the birth the iPhone. He also addressed the issue of the iPhone eating into the iPod market. "Steve described it as trying to put the third leg onto a chair with only two legs. The first leg is the Mac business, which Steve addressed by saying that they have the "best Macs" in the new product pipeline ever right now, and that the stuff coming out in the next year is "off the charts." Wow, sounds juicy.

He said that the second leg is the iPod and iTunes marketplace, which we all know has been wildly successful. The third leg of the chair, Steve hopes, will be the iPhone business, which he hopes to grow into something as strong as the iPod. He added that he hopes for the fourth leg to become the Apple TV, but focus is on the iPhone for now."
As a gesture of goodwill all fulltime employees will get one iPhone, plus part-timers who have been there for a year.
Head overs to Ars Technica for the full article.