He's just introduced a bunch of new stuff, including a cellphone and Apple's iTV device for streaming video from PC to TV (hinted at last year) and a widescreen iPod. Cool. Here's an early AP story.
*Edited Post
*For what it's worth: WSJ.com asks in a forum whether the iPhone will be a hit like the iPod or a flop like the Newton. As of 4 p.m., 6,287 votes had been cast and 83 percent said hit and 17 percent said flop. Here's an updated story from NYT.