Apple’s new iPhone: It’s almost time

June 3, 2008

apple.jpgIt’s almost time, at least we’re pretty sure it’s almost time. Come Monday, Apple CEO Steve Jobs is widely expected to introduce a new iPhone at the company’s developers’ conference.

Early buzz is that the new iPhone will be faster and accompanied by support for corporate e-mail, which should help expand the gadget’s audience to the business world. Apple has declined to comment on what Jobs will announce, but speculation can be found just about anywhere on the web.

Rather than spending hours today reading through all the rumors, check out TechCrunch, which gives a good roundup of the iPhone chatter.

It’s easy to get excited about all the potential new features on the phone, but keep in mind this is also a big business story for Apple. After all, it’s introducing the new iPhone at a tricky time for the economy.

Sure, it may reach out more to corporate customers with this version, but the iPhone is still heavily reliant on demand from your average consumer. With $4-per-gallon gasoline, underwater mortgages and a tough job outlook, your average consumer isn’t in the best place right now.

Even so, investors seem to believe that demand is holding up for Apple products like the Macintosh or the iPod, given that the company’s stock is up 50 percent over the past three months. We’ll soon find out. 

Keep an eye on:  

  • Britain’s Taylor Nelson Sofres and Germany’s GfK have agreed to a merger to create the world’s second-biggest market research company with a market value of about $4 billion (Reuters)
  • Yahoo Inc CEO Jerry Yang ordered up a draft press release rejecting a Microsoft Corp takeover bid months before January’s unsolicited bid, company documents unsealed on Monday show (Reuters)
  • Fire-damaged Universal Studios reopened Monday as investigators examined the ruins of some of the most famous sets in Hollywood to find the cause of the spectacular weekend blaze (The Wall Street Journal)
  • NBC Universal’s Jeff Zucker can no longer rely on GE’s deep financial pockets amid investor pressure, so had looked to private equity firms to help fund a bid for the Weather Channel (NY Post)

(Photo: Reuters)

One comment

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Just the best phone ever. thanks steve

Posted by lucyV | Report as abusive