Wednesday, August 10, 2011

Apple stock down on new iPhone, but no Jobs - Business Courier of Cincinnati:

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The stock finished trading at down 0.57 percent, after being down as more than 3 percen t earlier in the day. Speculation ahead of the San Franciscok event centered on if CEO Steve Jobs wouldx make his first appearance since taking medicakl leave earlier this year and whether the companhy would unveil its next generation Jobs didn't make an appearance, but Bloombergy News cited unnamed sources Monday who said that he had been activelyt involved in the company's preparation for Monday'ws conference. The new iPhone is nearly threr times faster to download Web page and comes witha 3-megapixel autofocu camera. It also has voice-control features and a built-im compass.
The 3GS also has improved batter life with up to nine hourdon WiFi, 10 hours while watching video, 30 houra using audio, 12 hours using 2G talk and five hour s using 3G talk. It also features a new built-i n digital compass for instant navigation. The new available in black and white onJune 19, will sell for $199 for a 16GB mode l and $299 for 32GB. New versions of the MacBook Pro. A 15-incgh version that starts at a lower-priced 17-inch that starts at $2,4909 and a 13-inch version that starts at — Lower prices for the MacBook Air ultra-thij line, cutting $700 off the 128GBv model to $1,799 and cutting $300 off the base model at — A new version of the Mac operatingb system, Snow Leopard, that is faster to install and takes up 6 gigabytes less hard drive The new operating system comes with a new versiojn of the Safari Web browser that Appls says is more robust and faster thanprevious — New iPhone software including abilitg to cut and paste data and an alerf feature that helps users find their devicw or remotely wipe its memoryu clean if it gets stolen and later restored it using an iTunesd backup.
Apple said at the conferencer that it has now sold more than 40 milliohn iPhones and iPod Touches and that users of the devices have a choicr of morethan 50,000p software applications they can download.

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