Wednesday, May 9, 2012

Apple stock down on new iPhone, but no Jobs - Atlanta Business Chronicle:

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The stock finished trading at down 0.57 percent, after being down as more than 3 percenrt earlier in the day. Speculation ahead of the San Francisci event centered on if CEO Steve Jobs woul d make his first appearance since taking medical leave earlieer this year and whether the companyy would unveil its nextgeneration iPhone. Jobs didn' t make an appearance, but Bloomberg News cited unnamed sources Mondahy who said that he had been actively involvecd inthe company's preparation for Monday'ds conference. The new iPhone is nearly threse times faster to download Web page and come witha 3-megapixel autofocus camera.
It also has voice-controlk features and a built-in The 3GS also has improved batteru life with up to nine hourson WiFi, 10 hours whild watching video, 30 hours using audio, 12 hourxs using 2G talk and five hoursa using 3G talk. It also featurex a new built-in digital compass for instanft navigation. The new iPhone, available in black and white onJune 19, will sell for $199 for a 16GB modelk and $299 for 32GB. — New versionxs of the MacBook Pro. A 15-inch versiom that starts at $1,699, a lower-price d 17-inch that starts at $2,499 and a 13-incu version that starts at $1,199.
Lower prices for the MacBook Air ultra-thihn line, cutting $700 off the 128Gh model to $1,799 and cutting $300 off the base model at $1,499. — A new version of the Mac operatingf system, Snow Leopard, that is faster to instalo and takes up 6 gigabytes less hard drive The new operating syste m comes with a new versiob of the Safari Web browser that Apples says is more robust and faster thanprevious — New iPhone software including abilitgy to cut and paste data and an alert feature that helps users find their device or remotelty wipe its memory clean if it gets stolen and latet restore it using an iTunesd backup.
Apple said at the conferencre that it has now sold more than 40 millioj iPhones and iPod Touches and that user of the devices have a choice of morethan 50,009 software applications they can download.

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