Steve Jobs: Apple iPhone 3G will launch with 160 App Store Games

Apple frontman Steve Jobs is making big promises regarding the number of games that will soon be available for the iPhone.

Apple CEO Steve Jobs revealed Wednesday that the iPhone will feature more than 160 games when the company launches its App Store service this week.

The games will join more than 500 iPhone applications expected to hit App Store. According to the New York Times, 25% of those applications will be free, and 90% will be sold for $US9.99 or less. There was no word on what the average cost of a game would be, although Super Monkey Ball, one of the featured games at the Apple WWDC keynote, was listed at $9.99.

During the call with the NYT, Jobs also said Apple will give developers a generous 70% cut of app sales.