An Apple A Day...

Apple saved the day today with its announcement to launch the iPhone, a spin-off of the iPod. The iPhone will be a cell phone able to download music and browse the internet. It will be interesting to see how well the iPhone performs, particularly since both Blackberry and Palm have seen slight drops these past few days. Tech stocks were generally up, mostly thanks to Apple. The Nasdaq closed up almost a quarter of a point; however, blue chips were slightly down. DJIA: -6.89 Nasdaq: 5.63 S&P 500: -0.73