T-Mobile Unveils Google's (GOOG) First Android-Powered Smartphone

Google's (Nasdaq: GOOG) first smartphone, named the G1, was unveiled by T-Mobile today. Powered by Google's open source operating system, Android, the phone will sell for $179 with a two-year contract and can be ordered today from T-Mobile, but will not likely ship until mid-October.

The ground-breaking Google phone features a fully functional touch screen and a QWERTY keyboard which is revealed when the touch screen is slid up. The phone will also use a service called the Android Market, which will allow users to download a wide variety of applications, similar to Apple's (Nasdaq: AAPL) app store. The device will also come with a 3-megapixel camera with photo-sharing capabilities.

Andy Rubin, Google's Senior Director of Mobile Platforms, recently called Android "future proof" due to its open nature. Interesting, Andy, but let's see how the consumer responds...

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