Welcome to PhoneNews.com coverage of the Apple press event, where Apple is expected to reveal the long awaited successor to the iPad in the iPad 2.
10:04 – Steve Jobs is on stage to a standing ovation and is discussing iBooks
10:06 – Random House will add 17K books to the iBookstore. 2500 publishers in the iBookstore now, with all 6 majors. Touting 200 million accounts on iTunes.
10:08 – Jobs says most of their revenues comes from their non-PC products â€” the iPod, iPhone and iPad.
10:09 – $9.5 billion in in revenue in 2010 with 90% marketshare, according to Jobs.
10:10 – 15 million iPads sold between April-December
10:11 – Showing off Apple Stores and video of various execs extolling the virtues of the iPad
10:14 – Chicago Public Schools director touts increased reading and math scores due to iPad
10:15 – Doctors and Salesforce CEO also toutingÂ Â iPad virtues for patients and data access.
10:18 – Steve back on stage talking competitors and iPad 2
10:19 – A5 dual core processor, improved GPU, dual front/rear cameras, gyroscope, 33% thinner, 1.3 pounds
10:22 – White color shipping “from day one” with Black also shipping. Same 10 hour battery life confirmed with availability on AT&T and Verizon
10:24 – Pricing starts at $499/$599/$699 Wi-Fi only, $629/$729/$829 for Wi-Fi+3G
10:26 – Launching on March 11th, with more countries on March 25th
10:28: New combination video out/charging cable announced with mirrored video output via HDMI with rotation support
10:30 – New stand/cover announced with magnetic latching and microfiber lining. Start atÂ $39 and leather cases are $69
10:37 – Photo Booth for iPad being demoed with nine simultaneous video streams at once. FaceTime for iPad announced,Â can facetime between two iPads, between an iPad and an iPhone or iPod touch, and between an iPad and a Mac. Camera swpping during a FaceTime call is also supported.
10:40 – FaceTime for iPad will be a free download at launch.Â Â iPad, GSM iPhone 4, and iPhone 3GS, and 3rd & 4th generation iPod touch with no word on CDMA iPhone 4 support.
10:42 – iMovie for iPad announced withÂ Â a precision editor, multitrack audio recording, new themes, AirPlay to Apple TV. Supports iPhone 4 as well with Retina display support and real-time video capture. Full control over clips and transitions as well as precision editing for audio and frame by frame editing.
10:49 – Pricing for iMovie is set at $4.99, GarageBand now being demoed.
10:53 – Apple opens up specs page for iPad 2 -Â http://www.apple.com/ipad/specs/
11:00 – Demo of GarageBand for iPad with Smart Instruments, multitrack support and note correction on top of allowing full recording. Â Available on March 11th for $4.99
11:04 – Jobs on stage proclaiming 2011 the “Year of iPad 2” with Jonathan Ive video talking about iPad 2 design. Video here:Â http://www.apple.com/ipad/
11:13 – Jobs discussing how “post-PC devices needing to be easier to use than computers and closes without One More Thing.
11:15 – Stay tuned for more in-depth iPad 2 news throughout the day