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Apple Drops Prices On MacBooks, iPhone

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Apple Drops Prices On MacBooks, iPhone

Company Holds Annual Worldwide Developers Conference

Follow Cnet's Live Blog On The 2009 WDC

SAN FRANCISCO (AP) ― Apple Inc. showed off new MacBook Pro laptops with longer battery lives, faster processors and lower prices.

Apple made the new 13-inch and 15-inch MacBook Pro laptops the introductory part of its developers' conference in San Francisco.

Apple also dropped the price on their least expensive iPhone from $199 down to $99.

An updated, more functional iPhone was also revealed. Cnet News reports that the new iPhone 3.0 supports tethering --using the phone's Internet connection to add Web access for your Mac or PC. However, Cnet reports, that although Apple has a number of carriers committed to supporting tethering, AT&T isn't one of them.

The laptop with the 13-inch screen starts at $1,200, and the 15-inch model sells for $1,700 and up — both $300 less than existing similar models.

The company also lowered the price on its ultra-thin MacBook Air to $1,500 from $1,800.

Apple's 17-inch MacBook Pro, which was unveiled in January, costs $2,500 and up.

Shares of Cupertino, Calif.-based Apple were down $4.27, nearly 3 percent, at $140.40 in afternoon trading.

(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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