Definitely a v1 product but it's an interesting device. Apple is rarely first to market, but they definitely produce the device that indicates the point where there is a market.
You can also see where they are going. In a couple of years, assuming it sells well there will be a Pro model with a 3x fold and better camera system. I'm guessing to make in thinner they will have to drop USB-C and come up with a flat charging/data connector. The EU won't like that.
The final interesting thing is this is the first Apple product that I can think of since the iPod era that they've released a product that will cannibalize another Apple product. If you were looking at getting a high end iPad Mini this replaces both phone and tablet.
You can also see where they are going. In a couple of years, assuming it sells well there will be a Pro model with a 3x fold and better camera system. I'm guessing to make in thinner they will have to drop USB-C and come up with a flat charging/data connector. The EU won't like that.
The final interesting thing is this is the first Apple product that I can think of since the iPod era that they've released a product that will cannibalize another Apple product. If you were looking at getting a high end iPad Mini this replaces both phone and tablet.