Apple stock was trading lower this morning. It started climbing back up when Apple introduced their new iPhone 3G S that is twice as fast as current iPhone.  iPhone 3G S includes the new iPhone OS 3.0, the world’s most advanced mobile operating system with over 100 new features such as Cut, Copy and Paste, MMS, Spotlight Search, landscape keyboard and more. New iPhone will cost $199, it will go on sale on June 19. Current model of iPhone’s price comes down to $99 as of today!

Apple was trading at as low as $139 today and is trading at $143.81. Steve Jobs didn’t appear in Apple developer conference, as many people speculated. Apple is doing great job introducing new products and features. I think their innovations are going to continuously benefit the stock.

Related Link: Jobs & Jobs