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Jan 10, 2007

Apple iPhone

1/10/07:

At the MacWorld conference in San Francisco, Apple Computer CEO Steve Jobs announced it was dropping the word "Computer" from its name as it announced two new products that are not computers.

Apple TV: $299: Apple announced the "iTV" product everyone was speculating about in the press and on blog sites. Jobs said their $299 "Apple TV" will allow Mac users to stream media content from their MAC computers to this TV monitor wirelessly. The Apple TV has a 40 GB hard disk, 720p HD video and supports component/RCA, HDMI, Wi-Fi (b/g/n), USB 2.0 and Ethernet connections.

iPhone $499 (4GB) & $599 (8GB): Apple then announced the rebirth of the "Apple Newton" with a new name of "iPhone." The iPhone combines three products. It has a mobile phone, a widescreen iPod with touch controls and an internet communications device with desktop like applications for email, web browsing, maps and searching. You can see pictures of it and a demo of how it works here.

Picks and Shovels: Both the Apple TV and the iPhone will use chips from Intel according to this report while this report says Samsung has the processor

Kirk Lindstrom:

DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.