2:20 The publishing world’s collective jaw dropped as Jobs put up the final price point for the basic iPad: $499. Gizmodo has the rest of the price range: “And the 3G models cost an extra $130, so $629, $729 and $829 for the 3G-capable models.”
2:00 Most importantly, Jobs unveiled iBooks, Apple’s tablet bookstore. There was a shot of books priced as low as $4.99–is that real? See above. A classy bookshelf display. And, thankfully, iBooks will use ePub, meaning it, unlike Kindle, is compatible with lots of books and publishers.
1:48: App developers are up. The New York Times app sure looks like it beats the hell out of the cruddy iPhone app.
1:38PM ET Apps: iPad will run all iPhone apps, whether or not developers modify them to fit the screen. iPhone owners can download all their already-bought apps onto the iPad. Engadget pointed out that Apple hasn’t yet said anything about multitasking. There will also be iPad apps.
1:28PM “Let’s go back to the hardware,” said Jobs .5 inches thin, 1.5 pounds — 9.7 inch IPS display. 16, 32, 64 GB storage. Powered by Apple’s own A4 chip. 10 hours battery life in use, up to a month on standby. WiFi, Bluetooth, Accelerometer, Compass, 32-pin connector.
1:18PM ET: Indeed it looks like a giant iPhone. Jobs is now showing various kinds of content, email client, other stuff on the tablet. He’s sitting in a chair, browsing the device, and everything he’s doing is projected on a big screen. All of these great photos are coming from Engadget, which is doing a much better job than the New York Times of keeping up with the event.
1:12PM ET: Jobs talked about how Netbooks are too slow, not good enough, and Apple’s got something better: “We call it the iPad.”
1:09PM ET: Jobs took the stage right on schedule and started the event by giving some updated stats on the App store and on other Apple products, then took the audience on a tour of Apples past, from its founding 34 years ago up through the iPhone…and leading to…
12:58 ET. Engadget snapped the above photo of the Yerba Buena center as folks were sitting down, noting the table and chair set on stage.
Bookmark this post for eBookNewser’s coverage of the Apple Tablet event, starting today at 10am PT, 1pm ET. Also, follow us @eBookNewser on Twitter. We’ll be following and interpreting the live blogs, and bringing all the world-altering news home to you.