10:33am - "It features our revolutionary multi-touch interface that you've come to know and love on the iPhone. If you've used an iPhone you'll feel at home, it's exactly the same. Scroll through the artists with a flick of your finger. Turn it into a landscape position, it goes into Cover Flow, it's just magical."
10:34am - "All on this 8mm device. Let's look at video... all on this gorgeous 3.5-inch widescreen display. And photos... just like the iPhone this is the best way to share photos on a portable device. Ever. Flick through them, pinch them to make them larger or smaller."
10:39am - 802.11b/g -- "Others have done this and it's failed. We understand why it's failed, and we know what to do make it successful. Well, what's the problem with WiFi? Well, part of the problem is getting onto WiFi... you may be fine at home and the office, but anywhere in between can be challenging."
10:40am - "You may log in but you'll get a screen. Even walking through Stanford University you get a login page... so you can build in the hardware but you can't get the network [without the page]. So what do you do about that? We're going to add an application to the touch: the Safari web browser."
10:41am - This really is the phone-less iPhone. "But besides being able to log into WiFi, you get an incredible web browser! It is the best web browser on any mobile device, and it's built in to the iPod touch."
10:42am - "We're very, very excited about this. First time EVER on a music player to have a browser built in." Uh, totally not true: look at Archos. "Why stop there?" YouTube's on the Touch as well.
10:43am - "Watch millions of free videos streaming over WiFi to the iPod touch. Let me show you these things..." Demo time! The hidden icons are now apparent -- the two missing were Safari and YouTube. Still looks a little sparse though!
10:44am - Steve's now browsing Facebook. "We're pretty excited about this." Applause.
10:45am - Bookmarked videos... "You get the idea, this gives you a feeling for what Safari and YouTube are like on the new iPod touch. We've built WiFi in and we've made it USABLE. We're REALLY excited about this."
10:46am - Connector on the bottom, but no speakers. "This is a worldwide product, the first touch product Apple's going to ship outside the US, it's going to be shipping all around the world."
"The battery life is fantastic: 22 hours audio, 5 hours video playback. All in something this thin. It's... it's... amazing to me. The new iPod touch."
10:50am - "You might have noticed there's an empty spot there on that dock. What could that possibly be for, you might ask? It's for a new application we've written for the iPod touch, it's called the iTunes WiFi music store." Huge applause. "FINALLY, some of you are saying. Let's take a look at what it is."
10:52am - "You can search for anything in the entire iTunes store. You can search for any artist, any song name, any album name, preview it, and if you love it go buy it. This is the new itunes WiFi music store. Let me show it to you now."
[...]
10:56am - "So, not so bad for the new iTunes WiFi music store." Applause. "The new music store will be available internationally in every one of those 22 countries Apple operates in. We're gonna do something else, too: we're gonna bring it to the iPhone." Big applause.
10:57am - "It's going to come later this month with a free iPhone update -- everyone with an iPhone is going to get this too. We're really, really excited about this. There's even ONE MORE incredible part of this. We've been working on this for two years."
Steve Jobs also announced a partnership with Starbucks allowing internet access to the Wifi iPod Touch and a special feature allowing the user to find which song he currently listens to in the Starbucks store and buy it from the iTunes.