official CNN app for your iPhone is out and is available for download at the iTunes store. The CNN’s new app is definitely the most serious investment in mobile news industry. CNN’s iPhone app based on the iphone 3.0 SDK features is targeted to a reinvent news applications on the iPhone.

App also integrated huge library of video clips and live stream during the breaking news directly on the app, this has made CNN news brand closer to your fingertips.

A feature on this iPhone App lets users swipe through pictures and bullet points, looking for points of interest in the days popular headlines. The App costs you $1.99, there is advertising on the mobile content it is not ad free! As long as the advertising is not intrusive that should be bearable. Seems like there is more to come for blackberry & Android.

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