Apple iPhone Announced - Sign Me Up

Apple (Nasdaq: AAPL) outdoes itself again with the new iPhone, combining a revolutionary mobile phone, a widescreen iPod with touch controls, and a breakthrough Internet communications device with desktop-class email, web browsing, maps, and searching.







I'll be looking to trade in my BlackBerry, made by Research In Motion Ltd. (RIMM), for the new iPhone when it is available in June.


Stocks reacting to the news:

Apple (Nasdaq: AAPL) +6.7%
Research In Motion Ltd. (Nasdaq: RIMM) -6.3%
Palm, Inc. (Nasdaq: PALM) -4.8%
Motorola Inc. (NYSE: MOT) -0.75%
Nokia Corp. (NYSE: NOK) -1.2%


More on the iPhone here