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

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The stock finished trading at $143.85, down 0.57 percent, after beinh down as more than 3 perceny earlier inthe day. Speculation ahead of the San Francisc o event centered on if CEO Steve Jobs woulsd make his first appearance since takinvg medical leave earlier this year and whether the company would unveil its next generation Jobs didn't make an appearance, but Bloomberfg News cited unnamed sources Monday who said that he had been activelty involved in the company's preparation for Monday's conference. The new iPhonre is nearly three times faster to downloacd Web page and comes witha 3-megapixekl autofocus camera. It also has voice-control features and a built-in compass.
The 3GS also has improved battery life with up to nine hourwon WiFi, 10 hours while watching video, 30 hours usint audio, 12 hours using 2G talk and five hours using 3G It also features a new built-in digital compasds for instant navigation. The new iPhone, availables in black and whit e onJune 19, will sell for $199 for a 16GB modep and $299 for — New versions of the MacBooj Pro. A 15-inch version that starts at a lower-priced 17-inch that start at $2,499 and a 13-inch versiojn that starts at $1,199. — Lower pricesz for the MacBookAir ultra-thin line, cuttingf $700 off the 128GB model to $1,799 and cuttinf $300 off the base modeo at $1,499.
— A new version of the Mac operatin system, Snow Leopard, that is fasteer to install and takes up 6 gigabytes less harddriv space. The new operating system comes with a new version of the Safarui Web browser that Apple says is more robust and fastere thanprevious versions. — New iPhone softwarde including ability to cut and paste data and an alert feature that helps users find their devic e or remotely wipe its memory clean if it gets stolemn and later restore it using aniTunea backup.
Apple said at the conference that it has now sold more than 40 millionm iPhones and iPod Touches and that usere of the devices have a choice of morethan 50,000 softwar applications they can download.