Apple Unveils new Laptop, Product Updates
SAN FRANCISCO - Apple Inc. unveiled the "world's thinnest laptop" on Tuesday, as well as new software upgrades to its iPhone and iPod Touch, and buffed up its iTunes software with online movie rentals.
Steve Jobs, Apple's Chief Executive, told media and spectators that the new laptop didn't compromise the way other thin laptop manufacturers do , but claimed the Macbook Air was the first computer to offer a full-sized keyboard, a relatively large screen, and fast performance for the thin-and-light notebook segment.
The new notebook will go for $1,799 when it goes on sale in two weeks, though Apple is taking orders now.
Shares of Apple fell by more than 6 percent to $167.64 as investors already anticipated the announcement.
During his keynote at this years Macworld Expo, Jobs also announced that Apple's popular iTunes online media store will now allow users to rent movies and watch them directly on their computers.
"We learned what people wanted was ... movies, movies movies," Jobs said.
Apple will have more than 1,000 movies for online rental through iTunes by the end of February, with prices of $2.99 for older movies and $3.99 for new releases, Jobs said. Users can watch instantly over a high-speed connection, or download and keep the movie for 30 days while having 24 hours to finish the movie once it's started.
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