Apple Inc. has ensured that its customers have enough memory on their iPhone and iPod to store and consume more digital media from … presumably, Apple’s iTunes or its new movie rental service.
The company said Tuesday it would sell 16 gigabyte-capacity iPhones for $500, while continuing its line of 8 GB handsets at $400. When the device launched last June, it was offered in both 4 GB and 8 GB models, but the 4 GB phone was soon dropped due to lack of interest.
Apple also upped the memory capacity of its iPod touch device, to 32 GB ($500) from its high-end, 16 GB model ($400). Apple also sells an 8 GB Touch ($300).
The upgrade failed to stem a continuing, downward trend in the company’s stock price, which was $126.40 in early afternoon trading today. Its 52-week high, reached at year end, was $202.96. The stock’s value had climbed steadily throughout 2007 from less than $100 per share.
Meanwhile, many industry observers await a 3G/HSDPA upgrade to the current device’s EDGE download speeds, promised by Randall Stephenson, chairman of AT&T Inc., who said late last year that such a device would be available in 2008.
iPhone memory doubled to 16 GB
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