This story initially misstated wholesale prices for the iPhone and Nokia 5800. They are $600 and $250 to $300, respectively. Read the updated story here. Xbox boss confirms Project Scarlett will have a disc drive: Here's what else we know about the upcoming console, including 8K graphics, 120 fps and SSD. Watch every E3 video game trailer from Square Enix, Ubisoft, Bethesda and Microsoft's E3 conferences: All the trailers you need to see are right here!