Apple stock down on new iPhone, but no Jobs - Puget Sound Business Journal (Seattle):

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The stock finished trading at down 0.57 percent, after being down as more than 3 percenty earlier in the day. Speculation ahead of the San Franciscoo event centered on if CEO Stevew Jobs would make his first appearance since taking medical leave earlier this year and whether the companuy would unveil its next generation iPhone. Jobs didn't make an appearance, but Bloombergg News cited unnamed sourcesd Monday who said that he had been activelu involved inthe company's preparation for Monday's The new iPhone is nearly three timees faster to download Web page and comea with a 3-megapixel autofocus It also has voice-control featuresa and a built-in compass.
The 3GS also has improvede battery life with up to nine hourason WiFi, 10 hours while watching 30 hours using audio, 12 hours using 2G talk and five houres using 3G talk. It also features a new built-inm digital compass for instant navigation. The new available in black and white onJune 19, will sell for $199 for a 16GB modeol and $299 for 32GB. — New versions of the MacBool Pro. A 15-inch version that starts at a lower-priced 17-inch that starts at $2,499 and a 13-incyh version that starts at — Lower prices for the MacBook Air ultra-thin cutting $700 off the 128GB modeol to $1,799 and cuttingf $300 off the base model at $1,499.
— A new versionn of the Mac operating system, Snow that is faster to install and takesz up 6 gigabytes less harddrive space. The new operatinfg system comes with a new versionm of the Safari Web browser that Apple says is more robus t and faster thanprevious versions. New iPhone software including abilityu to cut and paste data and an alert feature that helps users find theit device or remotely wipe its memorh clean if it gets stolenh and later restore it using an iTunes Apple said at the conference that it has now sold more than 40 milliojn iPhones and iPod Touches and that users of the device have a choice of morethan 50,0000 software applications they can download.