In Apple’s WWDC 2008 Keynote speech by Steve Jobs, he mentioned that Apple had sold out of iPhones–selling 6 million total. Immensely successful and potentially another great story for Apple. But there’s a downside for investors.

The downside in all of this iPhone news for investors is the simple fact that Apple hasn’t/won’t be selling the iPhone for close to two months by the time it finally releases iPhone 3G. I’m ready for it and most everybody I know is excited about the new $199 price point for the 8 GB model. But that won’t help investors in the latest quarter.

Apple is set to release this quarter’s earnings on July 21st, 2008. This will allow an initial number of iPhone 3G sales to be mentioned in the quarter. Without a doubt that should be a positive catalyst for Apple stock. But once again, Apple hasn’t been selling the iPhone for about two months by that point.

What does that mean for Apple’s quarter? Will we see record numbers once again? This all seems very uncertain and up in the air as of right now. Not to mention that Jobs’ health has continued to put pressure on Apple stock as of recently.

A variety of blog posts today have suggested this idea that consumers of Apple’s new iPhone 3G will have to possibly buy and set up the AT&T plan in Apple Stores on July 11th. This process severely slow down lines. But also, a new feature on the iPhone 3G suggests that having iPhones to buy and sell will be much easier this time around.

Let’s say you’ve purchased a new iPhone 3G. You sign-up with AT&T, with what probably will need to be a 2-year contract. Then, Apple updates the iPhone 3G hardware, and you’re once again left with an outdated product (which always seems to be the case with technology). Apple has now created the ability to easily remove your SIM card.

The SIM cards inside cell phones contain all the data and information that cellular telephone companies need to figure who’s calling who and what phone they’re calling from. In other words, the SIM card is your phone’s identity. Without it, you’ll have a deactivated phone that can only dial 911.

Due to this fundamental problem, Apple decided to create the ability to eject your SIM card and then take that with you to another, future iPhone. This ability would suggest that Apple has no problem with you reselling your iPhone and upgrading to the latest and greatest version.

It’s here. You can now watch the 2008 Keynote Speech by Steve Jobs at WWDC. Now, consumers can actually see what everything looks like and what they have to look forward to coming out on July 11th.

The website for the video reads:

Watch Apple CEO Steve Jobs unveil iPhone 3G, the App Store, MobileMe, and more in his Worldwide Developers Conference keynote address from San Francisco’s Moscone West. See the video-on-demand (VOD) event right here, exclusively in QuickTime and MPEG-4.

Check out the video here.

Alright, the keynote is all done, but there’s plenty more to cover. The new iPhone ad is now available online at YouTube.com and we’ve posted it here. But we also wanted to focus on the idea that the keynote was nothing special (in a way).

By all means, Steve Jobs brought everything we wanted (except iChat video for iPhone). But he wasn’t able to surprise with anything. Even Snow Leopard, the other operating system, was expected to come out at this keynote. Nonetheless, we’re quite happy with the keynote and excited about Apple’s future.

Watch the all-new incredibly cool iPhone 3G AD:

Immediately after the WWDC Keynote by Steve Jobs, Apple has updated their iPhone website with the all-new iPhone. The website has a new picture of the black iPhone and says, “Twice as fast. Half the price.”

Watch the new iPhone ad too, at: http://www.apple.com/
iphone/gallery/ads/hallway/

iPhone will be available in 8GB (black) and 16GB (black or white) models at Apple Retail Stores and AT&T Stores.

Apple Stores are now back online and displaying the new iPhone 3G.

The wait is over and WWDC 2008 is now gearing up. We’re constantly going to be giving our readers updates through this page.

Refresh this page for the latest/updated content. Also, scroll down for most recent activity!

WWDC 2008 - Keynote Speech by Steve Jobs

Keynote Speech Starts at: 10:00 AM Pacific

7:52 AM - 8:00 AM - Lines are forming and here are some of the pictures (courtesy of “rom”). Many of the major bloggers and news folk are arriving now.

8:30 AM - Inside shot of Moscone West shows covered banner. New product/idea coming?

9:21 AM - Line is moving into the Moscone West. 39 minutes until start.

9:35 AM - Line inside Moscone, all of them going up the escalator. 24 minutes to start.

9:50 AM - People are going into the keynote presentation hall.

10:01 AM - Al Gore is in the crowd! Greener products coming?

10:04 AM - Apple employees trying to get crowd settled.

10:06 AM - Keynote is starting! Lights are going down.

10:07 AM - Steve has taken the stage.

10:08 AM - Mentions, “52,000 attendees at WWDC 08.”

10:10 AM - Bertrand Serlet will be giving us a peak of the new OS X — Snow Leopard.

10:11 AM - Talking about enterprise as related to the iPhone

10:15 AM - A number of companies discussing their interest in iPhone 2.0 software. P.S. Apple Stores are down across the world.

10:20 AM - Demo is showing how to construct a UI in Interface Builder.

10:29 AM - Sega is showing Super Monkey Ball again, but now with over 100 levels. Playing through the last world, which demonstrates how well the tilt-control works. Available at the launch of the App Store for $9.99.

10:34 AM - eBay showing its auction application.

10:40 AM - Associated Press taking the stage. A “Mobile News Network.”

10:52 AM - MLB.com application shows today’s games with live, detailed scoring. It also includes real-time video highlights, which are delivered right after the play.

11:04 AM - Talking about push notification service for all developers.

11:07 AM - Steve has retaken the stage.

11:09 AM - iPhone 2.0 will be available in early for July. Free for iPhone owners, $9.99 for iPod Touch owners.

11:11 AM - If the developed application is less than 10MB, it can be downloaded through the cell network. Otherwise, it requires WiFi or iTunes.

11:14 AM - Now, something entirely new. MobileMe. Phil is on stage to demo.

11:18 AM - Something mentioned about Me.com. Phil’s talking Syncing automatically and wirelessly with all devices.

11:20 AM - Unbelievable looking Mail, Contacts, Calendar, and Gallery applications. Photos are synched over the air too. iDisk integration is included as well.

11:28-11:29 AM - A 60-day free trial will be available along with the iPhone 2.0 software in early July. MobileMe replaces .mac. .mac subscribers will automatically be upgraded. Steve has retaken the stage.

11:31 AM - In the first year, 6 million iPhones were sold until Apple ran out several weeks ago.

11:32 AM - 1) 3G network support 2) Enterprise support 3) Third party application support 4) More countries (joking about unlocked iPhones in countries not officially supported) 5) More affordable

11:33 AM - Introducing the iPhone 3G.

11:34 AM - Even thinner, black plastic back, solid metal buttons, same gorgeous display, camera, flush headphone jack, and dramatically improved audio.

11:35 AM - 3G = faster data downloads, perfect for Safari and Mail. Comparing download speeds between 3G and EDGE. 3G finished in 21 seconds. EDGE finished in 59 seconds. 2.8X faster. Approaching WiFi speeds (WiFi scored 17 seconds). When compared to other 3G phones (Nokia N95 and Treo 750), the iPhone is 36% faster — and better looking.

11:38 AM - 3G has great battery life on iPhone. 300 hours of standby, 2G talk-time now has 10 hours (as opposed to 5), 5 hours of 3G talk-time (most phones only have 3 hour 3G talk time), 5 to 6 hours of high-speed browsing, 7 hours of video, 24 hours of audio.

11:39 AM - GPS support will now be a part of the new iPhone.

11:41 AM - With GPS, the iPhone can do tracking. A pulsating dot is moving across the Google map as a car drives down Lombard street.

11:44 AM - iPhone will expand to China, Japan, Australia, etc. 70 countries total.

11:45 AM - Now on to the final challenge — affordability. Started at $599 for an 8GB iPhone, now $399. The iPhone 3G 8GB will sell for… $199. $299 for the 16GB — a white version of this size will be available too.

11:47 AM - iPhone will be available in 22 countries on July 11th.

11:51 AM - Steve thanks the crowd and leaves the stage.

11:53 AM - It looks like that’s all folks. Have a wonderful day and thanks for tuning in! More to come on the website: MarketMatador.com

Refresh this page for the latest/updated content.

Readers of MarketMatador.com can look forward to a constant stream of live updates from WWDC (WorldWide Developers Conference) right here. Throughout Monday’s keynote speech by Steve Jobs you can stay tuned here for a feed of updates and the latest on Apple’s expected 3G iPhone. Updates will be on the homepage of MarketMatador.com on Monday, June 9th, 2008. Stay Tuned!

Coverage starts @ 10 AM (Pacific)

Direct Link to Live Updates (will become active when WWDC goes live on Monday).

Pictures that were supposedly leaked through CrunchGear earlier today had quite the convincing group of photos of the new 3G iPhone. They’re by far some of the most interesting photos released yet and depict a new black and red colored iPhone. Unfortunately, we think you should wait before assuming these are the real deal.

Without fail, rumor sites glommed onto the new photos depicting our long-awaited 3G iPhone. In an unusual spectacle, CrunchGear, which doesn’t tend to focus on Apple rumor stories released a group of 9 photos. The photos showed back and front of black and red 16 GB iPhones. The photos also show a new feature, iPhone video chat through the iChat client (or so it’s assumed). The phone would supposedly do this through a front side camera that could focus on the users face.

At first they appear to be the real deal and quite convincing. But look closer and the flaws seem to come clear. In general, the pictures are quite choppy and depict the iPhones in non-Apple standard design. Then there’s the fact that the Product (RED) iPhone doesn’t actually say “Product (Red),” it simply reads, “(RED).” All other “(RED)” products have the “Product” title ahead of “(RED).” But by far the most troubling aspect of these pictures is the fact that the RED iPhone doesn’t have a Hold Switch at the top of the iPhone, unlike its counterpart.

I guess will have to wait two more days until we see the finished product!

P.S. Apple has consistently demanded, by penalty of law, to remove product pictures that have been leaked. So theoretically, these photos would’ve been removed by now if they were the real deal.