A Quick Glance At The Apple iPhone 4

June 7th, 2010 | Filed under: Financial Markets,

Today at the WWDC, Apple (AAPL) revealed the much anticipated iPhone 4, something I am sure to get the second it hits shelves (June 24).

As long as your contract is set to expire within 6 months, users can get the iPhone 4 for $199.

While much of the outer aspects of the iPhone have already been revealed, what most people were looking for was to see what upgrades would be made to the actual capabilities of the iPhone.

The major upgrade to the iPhone is its revamped operating system, Apple’s iOS 4, which will be available to customers starting June 21, includes some much-awaited new features such as multitasking that will allow users to listen to music, check e-mail and answer a call at the same time. Other additions are a unified e-mail inbox (FINALLY!), folders that can help organize your apps and access to Apple’s digital bookstore.

Here is a quick run down of some of the other notables features of the iPhone 4:

  • Front-facing camera and support for videoconferencing (with other iPhone 4′s).
  • Higher resolution screen – the 3.5-inch display has 960 x 640 pixels.
  • A4 processor – same as iPad.
  • A 5-megapixel camera with 5x digital zoom, the ability to record HD video at 720p and 30 frames per second, and LED flash.
  • The iPhone 4 also includes a version of iMovie, Apple’s video-editing software, to let people edit and post video clips.

Stock analysis – Although I am pleasantly surprised with all the new iPhone has to offer, I find it hard to imagine the stock could really benefit from a market it already dominates. Sure it will bring in more sales, but ultimately the iPhone isn’t a new product and not entering a new market.

Some other news and notes from the conference:

  • Apple released Safari 5.
  • iWork coming to iPhone.
  • iPhone 3GS now $99.

More coverage – for more details, pictures, and various opinions check out the links below: