1. Price - Is the product priced too high, too low, or just right and why?
No not really its worth the price i guess, since its a device that allows you to do many things.

2. Product - What is the Product? Is the brand known positively or negatively and why?

iPhone. The brand is known for its good products. Its known positively.

3. Promotion - How is this product promoted? Could it be promoted further?

This product is promoted in magazines all over the place. Theres always commercials that show the many things the phone can do. It cant be promoted more because its all over the place.

4. Place - You will need too look on Television or in magazines and see where the placement of these commercials are situated. Are they placed correctly and why? (Sometimes the placement has to do with shelf area also) Why is shelf area very important to placement of a product? And why?

The commercials are mostly during the day. In magazines they have them usually have the advertisments through out all the magazine. They are spread out so people always see them.