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According to their official web store, Apple has slashed the price of their 160GB model Apple TV while at the same time killing the lower capacity 40GB model.
The 160GB model now sells for $229, what the 40GB model was selling for, and will be the only model available for the time being.
The price drop follows recent predictions by Piper Jaffray analyst Gene Munster, which reported in a note to clients that the 40GB model looked to be phasing out, and that he believed a price cut was coming in the 160GB, most likely at the ‘Rock and Roll’ live event. It happened less then a week later.
Munster also said a major interface upgrade should be coming soon, most likely based on an iTunes subscription service. The analyst also believes a new Apple TV hardware is in the works, with no set timetable, that will include DVR capabilities.
Adds Munster, originally via Apple Insider, “Apple could leverage its deep library of content with many network and cable channel content owners to provide unlimited access to a sub-library of its TV shows for a standard monthly fee ($30 or $40 per month). Such a product would effectively replace a consumer’s monthly cable bill (~$85/month) and offer access to current and older episodes of select shows on select channels.”
You can check the new price cut here: Apple TV 160GB model


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According to an Apple Insider report, Apple may finally be in the closing stages of bringing the iPhone to China.
The report says the company as applied for a Network Access License, meaning a release could be just months away.
The news comes through Wedge Partners analyst Matt Mathison who says the application was filed this week but notably lacks any mention of onboard Wi-Fi, meaning the wireless will not be available on the Chinese version of the phone.
It has been long rumored that Wi-Fi would have to be dropped to “appease the Ministry of Industry and Information Technology, which would prefer that iPhone owners use local networks,” says AI.
Mathison says he is confident now that the Wi-Fi issue is settled that the phone will go on sale in China before the Chinese New Year, on February 14th 2010. The phone will likely be available through carrier China Unicom , the only carrier in the nation that has available compatibility “with the iPhone’s existing 3G standards.”


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Apple has released the much anticipated iPhone/iPod Touch firmware version 3.0 today, adding over 100 features to the current 2.2.1 software.
iPhone owners can download the software for free through their phone while Touch users will have to purchase the update first for $9.95 through the App Store.
Apple Insider gives this list:

* Cut, Copy & Paste: Quickly cut, copy, and paste text from application to application. Select entire blocks of web text with a tap. Copy and paste images from the web, too.
* Landscape Keyboard: Rotate iPhone to landscape to use a larger keyboard in Mail, Messages, Notes, and Safari.
* MMS: Send MMS messages and include video, photos, audio, and contact info. Even tap to snap a picture or shoot a video right inside Messages. MMS support for U.S.-based AT&T customers won’t be available until late summer.
* Spotlight Search: Find what you’re looking for across your iPhone, all from one place. Spotlight searches all of your contacts, email, calendars, and notes, as well as everything in your iPod.
* Voice Memos: Capture a memo, a meeting, or any audio recording on the go. Voice Memos works with the built-in iPhone microphone or with the mic on your headset.
* Improved Calendar: Create meetings via Microsoft Exchange ActiveSync and subscribe to calendars with new CalDAV support.
* Buy Movies, TV Shows, and Audiobooks: Download movies, TV shows, music videos, and audiobooks from the iTunes Store on your iPhone.
* Safari Improvements: Enjoy faster performance, autofill user names and passwords, and more.
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