iPhone

With a few finger taps, Jobs demonstrated how to pull up a Google Maps site and find the closest Starbucks to San Francisco’s Moscone Center, where Macworld is held. He then prank-called the cafe and ordered 4,000 lattes to go before quickly hanging up.

Jobs demonstrated the iPhone’s music capabilities by playing Lovely Rita, Meter Maid, from the Beatles’ Sergeant Peppers Lonely Hearts Club Band. The audience cheered, spurred by speculation that an announcement was imminent about a deal to sell Beatles songs on iTunes. But there was no such announcement, and Beatles songs still cannot be legally downloaded.

The New York Times

Apple stock rose 8% Tuesday.