This is the post of the live blog I did today on the Apple iPhone event at Apple headquarters in Cupertino, California. Please enjoy reading it the first time or again if you were with me earlier today. It reads from my last posting at the top to the very first at the bottom of the page. In other words, start at the bottom and read up!
2:17 PM EST: I have to stop live blogging now as I must do some CNBC TV spots on all this. Hope you enjoyed the live blog as much as I did writing it.
2:16 PM EST: He calls Jobs the "world's greatest entrepreneur." Entrepeneurship really matters. The best way to predict the future is to invent it. At KPCB, the second best thing is to fund it.
Doerr announces iFund to support development for iPhone. We decided to devote $100 million to this project.
2:13 PM EST: One last thing: this is the Kleiner Perkins Venture Capital announcement. John Doerr joins Steve on stage. They embrace. Doerr is wearing a sweatshirt and black T-shirt. He refers to Jobs as the "supreme commander of the rebels."
2:12 PM EST: All of this will be delivered in the iPhone 2.0 software update. Beta release goes out today. Shipping to every iPhone user in June, and it will be free. That could be a disappointment to some who thought all of this would be happening far sooner.
The same software will run on the iPod Touch.
Keep in mind, this software release may correspond with the oft-rumored 3G version of iPhone which could be released around the same time.
2:08 PM EST: The developer picks the price, the developer gets 70 percent of the revenue. No credit card fees, no hosting fees, no marketing fees. Apple keeps the 30 percent. And no charge to developers if they want to distribute a free application. There will be some limitations. No porn. No malicious software.
2:07 PM EST: Jobs: Tap the install button of the app you're looking for and it's loaded onto your phone. There will also be a new part of the iTunes store for these apps. When the developer of the app updates it, you will automatically be notified and you can instantly get the new version.