The New York Times and The Wall Street Journal published positive, but cautious, reviews of the iPhone, their primary criticisms being the slow speed of the AT&T network and the phone's inability to connect using 3G services.

The Wall Street Journal's technology columnist, Walt Mossberg, concluded that "despite some flaws and feature omissions, the iPhone is, on balance, a beautiful and breakthrough handheld computer."[36]

Time magazine named it the Invention of the Year in 2007.[37