Apple Introduces Iphone4

1. Calling it "the biggest leap since the original iPhone," Apple CEO Steve Jobs today introduced the iPhone 4, the latest incarnation of the iconic gadget. Jobs delivered a keynote address at a developers conference in San Francisco.
2. The iPhone 4 will come in two colors and two models - the 16GB that will sell for $199 and the 32 GB, selling for $299. Both models require a two-year AT&T contract to get those prices.
3. Last year's model upgrade, the iPhone 3GS, will sell for $99 starting June 24, the same day Apple begins selling the new iPhone 4.
4. The biggest change with the iPhone 4 is FaceTime, offering real-time video calling anywhere there is wi-fi, with no setup required. However, the person you are calling will also need an iPhone 4 for the service to work.
5. The wi-fi requirement also limits its use. The cellular networks currently don't support the technology, though Jobs said the company is currently talking with cellular providers to offer the feature.
6. In way of demonstration, Jobs picked up his iPhone 4 prototype and made a FaceTime call to another Apple executive.
7. The iPhone4 will also record HD video at full screen, 720 pixels at 30 frames per second. It also has built-in video editing, so that you can produce a movie, right on the phone.
8. Apple has also upgraded the iPhone's camera system. The iPhone 4 features a five megapixel camera and a sensor to detect backlighting. It comes with 5X digital zoom, tap to focus, and LED flash.
9. "This is our new baby," Jobs said. "I hope you love it as much as we do."
10. The auditorium was packed with Apple enthusiasts who cheered Jobs' every announcement. The announcements included that Apple's iBooks will be available on the iPhone

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