Steve Jobs, who co-founded Apple Computer in 1976, died one day after Apple announced its new iPhone. He was 56 years old.

The Apple home page replaced its image of the newly announced iPhone 4S with a picture of Jobs and this message:

"Steve Jobs 1955-2011. Apple has lost a visionary and creative genius, and the world has lost an amazing human being. those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple."

Apple's board of directors also released a statement:

"We are deeply saddened to announce that Steve Jobs passed away today. Steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve. His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts."

The new iPhone that Apple announced yesterday impressed some and disappointed others. Though not everyone was satisfied, the new iPhone 4S will hit the streets with a number of impressive, exclusive features. While the list of new features is long, those most touted by Apple are the new iPhone's speed improvements, hence the "S" moniker, for speed. What many customers don't realize is that a one of the main speed improvements in the iPhone 4S won't apply to Verizon and Sprint customers.

As Apple informed us at yesterday's keynote, 3G data download speeds on the iPhone 4S are up to twice as fast as the iPhone 4. This is a result of the fact that the iPhone 4S is capable of HSDPA download speeds up to 14.4Mbps, while the iPhone 4 has a max of 7.2Mbps. The important thing to note here is that Verizon and Sprint are not HSDPA networks. The iPhone 4S will run on CDMA on Sprint and Verizon, not HSDPA, and thus will have the same download speed capability as the iPhone 4.

The iPhone 4S is not the "highly-anticipated" iPhone Apple fans were waiting for. It's safe to assume many fanboys were disappointed by Tim Cook's announcement, but Apple is sticking to its claim that this is the "most amazing iPhone yet." It didn't deliver a new "teardrop" design, or many of the other features we were promised, but it does have the rumored 8 megapixel camera and A5 chip. Hate it, love it or just don't care, here's a list of all the specifications and features for the new iPhone 4S.

It looks a lot like the iPhone 4, but Tim Cook promised the latest Apple iPhone is "all new inside." The Apple CEO unveiled the iPhone 4S (not the iPhone 5) in Cupertino on Tuesday. The new iPhone features a dual-core A5 processor, 8-megapixel camera, and GSM and CDMA radios.

The iPhone 4S offers 8-hours of talk time (3G), and six hours of web browsing time (3G). It also features image stabilization, facial recognition, 1080p video recording capabilities and the new Siri voice control feature.

The iPhone 4S will be available in the US from AT&T, Verizon and Sprint on October 14th. Pre-orders begin this Friday, October 7th. The 16GB model will cost you $199, the 32GB version is $299 and 64GB version will retail for $399.

Apple just announced at today's Apple "Let's Talk iPhone" event that iOS 5 will be a free update available to all users come October 12th. iPhone and iPad owners have been long awaiting the release of iOS 5 since its announcement earlier this year. The iOS has been through multiple beta releases with Apple's iOS developer community and is now ready for release.

Apple has basically been reviewing iOS 5 features and has yet to make an announcement regarding what version of a new iPhone will be released. Rumors from earlier this morning suggest that Apple will not be releasing an iPhone 5 today, but will instead be releasing only the iPhone 4S.