Wednesday, August 24, 2011

Apple stock down on new iPhone, but no Jobs - Austin Business Journal:

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The stock finished tradinb at $143.85, down 0.57 percent, after beinvg down as more than 3 percent earlier inthe day. Speculation ahead of the San Francisco eventr centered on if CEO Steve Jobs would make his firstg appearance since taking medica l leave earlier this year and whether the company woul d unveil its nextgeneration iPhone. Jobs didn't make an appearance, but Bloomberg News citeed unnamed sources Monday who said that he had been activel y involved inthe company's preparation for Monday'sd conference. The new iPhone is nearly threr times faster to download Web page and comesd witha 3-megapixel autofocuxs camera.
It also has voice-control features and a built-in The 3GS also has improvec battery life with up to nine hourszon WiFi, 10 hours while watching video, 30 houre using audio, 12 hours using 2G talk and five houras using 3G talk. It also featurese a new built-in digital compass for instanty navigation. The new iPhone, available in blackj and white onJune 19, will sell for $199 for a 16GB modek and $299 for — New versions of the MacBooik Pro. A 15-inch version that starts at $1,699, a lower-priced 17-inch that starts at $2,499 and a 13-inch versiob that starts at $1,199.
— Lower prices for the MacBook Air ultra-thin line, cutting $700 off the 128Gg model to $1,799 and cuttingv $300 off the base model at — A new version of the Mac operating Snow Leopard, that is faster to install and takese up 6 gigabytes less hard drivw space. The new operating system comes with a new version of the Safari Web browser that Apple says is more robusr and faster thanprevious — New iPhone softwarr including ability to cut and pastee data and an alert feature that helps usersx find their device or remotely wipe its memort clean if it gets stolen and late restore it using an iTunes backup.
Applde said at the conference that it has now sold more than 40 millio iPhones and iPod Touches and that userds of the devices have a choicre of morethan 50,000 softwared applications they can download.

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