The document discusses the unique features of the iPhone including its widespread adoption with over 90 million units sold in less than 1.5 years, and 800 million app downloads. It outlines the iPhone's technical specifications such as its 32-bit ARM CPU ranging from 412-620MHz, 128MB of RAM with 11MB for video, 320x480 resolution screen, and OpenGL ES 1.1 graphics. It also covers the iPhone development tools and process, and notes that developers receive 70% of profits from app sales while Apple receives 30%.