Apple release 3g iPhone due July 11 worldwide

Steve Job held his keynote before the WWDC today and it had a lot of hype surrounding the event. Its almost that everyone was looking for a surprise for the event but there was a lot of blabbering about iPhone 2.0 interface and how great it is. Then was followed by a bunch of demo’s that were quite boring. Next was MobileMe, a neat web application that allows you to be in sync on your iPhone, Mac and PC. Finally an hour and half through the keynote Jobs introduced the much anticipated 3g iPhone and nice price tag of only $199 w/ 2 year contract. How much will the phone cost for the people that already have iPhone? I at least was expecting an updated price on the iPod touch. Once jailbreak hits the street no one is going to purchase an iPod touch if the price remains the same.

What this meant for Apple stock price? Apple (aapl) opened about 2 dollars down at 181 and dipped as low as 176 during the keynote. The 3g iPhone was expected, so no real surprise. The o’s and ah’s this company has provided the last 4 years wasn’t there at the keynote today.

Final thought: Apple is definitely going have introduce something more amazing if they want to keep investors interested. I am very disappointed with the keynote, I was expecting more since the cost of technology has dropped drastically. The keynote has not inspired me to get the iPhone. I will stick to Sprint and my Pam Centro. Might go for the Samsung Instinct June 20th.