Tim Cook Unveils iPhone 4S, Stocks Fall

The Chief Executive Officer of Apple Inc. (NASDAQ:AAPL), Tim Cook took to the stage on Tuesday to unveil the highly anticipated iPhone 4S, in his first stage appearance after the departure of Steve Jobs.

The new iPhone 4S can be called an incremental upgrade, with identical design and size specifications. The new iPhone comes with a faster processor, the A5 which is said to provide seven times faster graphics procession than the previous generation of processors. The phone comes with a one gigabyte of RAM and an 8 megapixel camera.

The new iPhone is being touted for its ability to handle powerful graphics that make gaming much better than the previous generation of iPhones. New games developed for the iPhone 4S can also run on the older iPhone 4 and iPhone 3GS, albeit with simpler graphics.

Apple also has made improvements to the battery, which can no handle 8 hours of constant talk on 3G, 10 hours of video playback and more than 40 hours of constant music playback.

The phone can run on both GSM and CDMA networks and comes with a redesigned antenna that increases the download speeds and improves the voice call quality. The phone can now download at 14.4 Mega bits per second of download speeds and about 5. Mega bits per second upload speeds. The phone will be a global phone, something that was earlier speculated from the Qualcomm network chip installed into the device.

iPhone’s new8 mega pixel camera was also given good bit of exposure. The camera can take a picture in less than 1.1 second and about 33 percent faster than the previous iPhone. The camera comes with an hybrid infrared filter.

However, the most popular quality of the new iPhone was the announcement of the “Siri” intelligent assistant, which will recognize voice inputs given to the device in different formats and come back with answers and recommendations.

The phone was unveiled after a very long presentation by Cook and the Senior Vice President of Apple, Scott Forstall, where the two executives ran down a list of new minor upgrades and run down of various features of the iOS. Eddy Cue also took to the stage to recall the audience about the various features of the iCloud and the new iPod Nano. The stocks of the company fell by more than 4.25 percent just thirty minutes after the announcement of the device.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.