Apple unveils new iPhone
Chief executive Steve Jobs introduced the new device to the public during an appearance at the Macworld Conference and Expo in San Fransciso, showcasing Apple technology.
"Every once in a while a revolutionary product comes along that changes everything," Jobs told conference delegates.
"It’s like having the Internet in your pocket," the Apple CEO said.
"It’s the ultimate digital device. It’s like having your life in your pocket."
The iPhone will be ultra-slim – less than half-an-inch (1.3 centimeters) thick – boasting a phone, Internet capability and an MP3 player as well as featuring a two megapixel digital camera, Jobs said.
"This is a leapfrog product with a revolutionary new interface with software five years ahead of any other phone and desktop class applications, not those crippled applications you find on those other phones," Jobs said.
"When you get a chance to get your hands on it, I think you’ll agree, we’ve reinvented the phone," he said.
Apple’s shares spiked 4.20 dollars, or 4.9%, at 89.67 dollars in the wake of the company’s announcement.
Analysts had been expecting Jobs to unveil the nifty new device at the conference, a move that aims to capitalize on the company’s wildly popular iPod digital music player.
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