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The iPhone is a $500 YouTube player

iPhone YouTubeLast month Steve Jobs promised you'd be able to watch YouTube videos on the AppleTV, and today the company has delivered. Starting today, AppleTV owners can download a free software updated that will let them browse and view YouTube videos.

But those sneaky little PR folks at Cupertino decided to pack a little something extra into the press release. The iPhone will also be an overpriced portable YouTube player when it hits the shelves June 29th.

The news is a bit anticlimactic, seeing as YouTube launched a mobile interface this weekend, allowing pretty much anyone with a mobile phone and a data plan to watch videos of cute cats and ugly babies. But judging by the demo video Apple put on its website, the iPhone does have a pretty nifty looking navigation system for YouTube, and the videos play in full screen.

[via tuaw]

Tags: appletv, iphone, youtube