With the limited range of earphone options available for the iPhone/iTouch. It was always a good option to make one for them. But what Aerial7 has managed to comeup with is all class and style at the same time.
The Phoenix series comes bundled with comfortable padding and quality 44mm drivers with funky color combinations including Chino, Storm, Eclipse, and Citron and some really nice features. They come with a built in mic to speak on the phone or Skype using an adapter. Or you can always flip out the swivel earcup for single sided monitoring.
These will retail in July for as low as $60.
Source: CrunchGear and ChipChick