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Steve Jobs to Kick Off Apple Developers Conference

May 24 (Bloomberg) — Apple Inc. Chief Executive Officer Steve Jobs will kick off the company’s Worldwide Developers Conference, an event that has been used to unveil new versions of the iPhone.

Jobs, 55, will give a speech at the five-day meeting on June 7, the Cupertino, California-based company said today in a statement. The event sold out in eight days to more than 5,000 developers, Apple said.

Apple Chief Operating Officer Tim Cook introduced a faster model of the iPhone at last year’s event. Jobs was unable to attend because he was on medical leave. The CEO, a cancer survivor, had a liver transplant last year, a person familiar with the matter said at the time.

Apple rose $4.56, or 1.9 percent, to $242.32 in Nasdaq Stock Market trading on May 21. The shares have gained 15 percent this year.

To contact the reporter on this story: Amy Thomson in New York at athomson6

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Google already has moved beyond search on the personal computer with Android on smartphones. In the first quarter, Android replaced Apple as the No. 2 operating system on U.S. smartphones, gaining 28 percent market share, according to NPD Group in Port Washington, New York.Apple had 21 percent, while Research In Motion Ltd.’s BlackBerry led with 36 percent.

– BusinessWeek (Full Article: http://tinyurl.com/25f5xol)

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