Apple announces new iPhone software

Apple announced a new operating system for its market-leading iPhone on Thursday, as it seeks to thwart challenges to its smart phone supremacy from rivals like Google, Microsoft, Nokia and the Blackberry. The new software was announced just days after Apple made headlines with the launch of its iPad tablet computer, and amid reports that the company was planning a smaller version of the device to help boost sales. Apple CEO Steve Jobs said that the company had sold 450,000 iPads since they went on sale Saturday. At the same time users had downloaded 3.5 million apps and over 600,000 books, Jobs said. The new iPhone code, which will be released in the summer, will help dispel the most frequent criticism of the iPhone: that it does not allow multi-tasking - the ability to run more than one application to run at a time. "We weren't the first to this party but we're going to be the best," said Jobs. "It's really easy to implement multitasking in a way that drains battery life. If you don't do it just right your phone's going to feel sluggish and your battery life is going to go way down.

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