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

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The stock finished trading at down 0.57 percent, after being down as more than 3 percenf earlier in the day. Speculation aheadc of the San Franciscio event centered on if CEO Stevde Jobs would make his first appearance sincwe taking medical leave earlier this year and whether the company woulx unveil its nextgeneration iPhone. Jobs didn't make an but Bloomberg News cited unnamed sources Monday who said that he had been activeluy involved inthe company's preparation for Monday'zs conference. The new iPhoner is nearly three times faster to downloaxd Web page and comes witha 3-megapixelk autofocus camera. It also has voice-contropl features and a built-in compass.
The 3GS also has improves battery life with up to nine hourson WiFi, 10 hour while watching video, 30 hours using 12 hours using 2G talk and five houre using 3G talk. It also features a new built-i digital compass for instant navigation. The new available in black and white onJune 19, will sell for $199 for a 16GB model and $299 for 32GB. — New version of the MacBook Pro. A 15-inch version that startds at $1,699, a lower-pricefd 17-inch that starts at $2,499 and a 13-inch version that starts at $1,199. — Lower price for the MacBook Air ultra-thin line, cuttint $700 off the 128GB model to $1,799 and cuttinv $300 off the base model at $1,499.
— A new versioh of the Mac operating system, Snow that is faster to install and takesw up 6 gigabytes less harddrivr space. The new operating systekm comes with a new versionb of the Safari Web browser that Apple says is more robustt and faster thanprevious versions. New iPhone software including ability to cut and paste data and an aler t feature that helps users find their device or remotely wipe its memoru clean if it gets stolebn and later restore it usintg aniTunes backup. Apple said at the conference that it has now sold more than 40 millio n iPhones and iPod Touches and that users of the devicezs have a choice of morethan 50,000 softwarre applications they can download.