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As you all know, iPhone launched in U.K and it seems people have a short memory of how things went down in the Kingdom. Of course, O2 announced that iPhone was the fastest-selling smart phone ever put on the shelves, but Weblogs are not reporting that the event was not as big as O2 wants you to believe. Apple has consistently put larger numbers up in the U.S. than in Europe. I don’t even think Steve Jobs believed he could actually get as big an interest as he got for iPhone in the U.S. It’s simply impossible. iPhone rocked the U.S. and it will probably rock the Europe too though there are more legit competitors in Europe it seems. For all that matters, iPhone’s launch was not a total bust, but rather a less than expected success. So why complain?

Apple iPhone is finally taking Europe by storm. Apple put iPhone on the shelves today in the U.K for 269 UK pounds. O2 will be the mobile phone service provider for the iPhone, but just like in the good old U.S. you can unlock the phone if you can. Here is the catch however: you will be putting your warranty on the line if you unlock your iPhone. That is a small price to pay it seems. Here for more on the story.

Apple is all about innovation, and as we all await the release of the first edition of iPhone SDK, you can still get paid handsomely for your iPhone ideas. iDeaBlob is one of the places that you can try to win some money for your iPhone idea. The community behind ideablob votes for top ideas each month and you win 10 Gs if your idea is chosen as the top idea for a month. This is a great opportunity for the Mac nation to grab some cash while using creativity to come with some cool killer app for iPhone.

Apple has been always on the cutting edge side of the technology with its iMacs, iPod, iPhones, and numerous other products that it’s released in the past few years. But why is iPhone missing some of the most basic features are still a question to us all:

GPS: Apple iPhone is missing the main feature that most smart phones offer these days - GPS capability. N95 is a good example of a phone that has provided this feature to users without much fuss. iPhone 2.0 will most definitely have this feature, but why Apple chose to skip this feature is a big question. One answer to that would be the high cost of iPhones upon introduction…

Camera:  What good is a camera if it’s not able to take high quality pictures. Apple iPhone’s 2 MP camera is decent, but is definitely not up to bar with the quality of other features on the iPhone.

Memory: iPhone 1.0 has a limit of 16 GB memory, which is no deal breaker at this point. But having more room will definitely help make iPhone a real music Smart Phone.

Touch: Adding the touch to iPod was a nice touch! But, there have been many issues with the interface and typing on iPhone can be a hassle. Apple may have to come up with a way to avoid such issues with iPhone 2.0.

So what other features would you add to iPhone that would make it irresistible, even more so that is?

LG Electronics is finally bringing  LG-KS20 to compete with the Apple iPhone. The product was unveiled a few months ago at European trade shows, but now is finally out. Engadget has a great story on LG-KS20 mobile phone comparing it feature by feature against the iPhone. Check it out!