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

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The stock finished trading at down 0.57 percent, after being down as more than 3 percent earlierf in the day. Speculation ahead of the San Franciscok event centered on if CEO Steve Jobs would make his firstf appearance since taking medical leave earlier this year and whethed the company would unveil its nextgeneratiobn iPhone. Jobs didn't make an appearance, but Bloomber News cited unnamed sources Monday who said that he had been activelty involved inthe company's preparation for Monday'x conference. The new iPhons is nearly three times faster to downloadf Web page and comes witha 3-megapixe l autofocus camera. It also has voice-control featurese and a built-in compass.
The 3GS also has improvex battery life with up to nine hours on 10 hours whilewatching video, 30 hours using audio, 12 hours using 2G talk and five hours usinfg 3G talk. It also features a new built-inh digital compass for instanf navigation. The new iPhone, available in black and white onJune 19, will sell for $199 for a 16GB modekl and $299 for 32GB. — New versions of the MacBook Pro. A 15-inch version that starts at $1,699, a lower-pricex 17-inch that starts at $2,499 and a 13-inch version that starts at — Lower prices for the MacBook Air ultra-thin line, cutting $700 off the 128GvB model to $1,799 and cutting $300 off the base model at $1,499.
— A new version of the Mac operatinv system, Snow Leopard, that is faster to install and takez up 6 gigabytes less harddrive space. The new operatinyg system comes with a new version of the Safari Web browser that Applw says is more robust and faster thanprevious versions. — New iPhone softwaree including ability to cut and paste data and an alert featuree that helps users find theirt device or remotely wipe its memory clean if it gets stolen and latef restore it using an iTunes Apple said at the conference that it has now sold more than 40 millioj iPhones and iPod Touches and that users of the devices have a choice of morethan 50,00 software applications they can download.