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Apple introduces iPhone 4 to fend off intensifying competition

Seeking to fend off intensifying competition from Google and others in the smartphone business, Apple introduced a new version of the iPhone on Monday that includes a front-facing camera for video chats. (In Pics: iPhone 4)

The iPhone 4 is faster and thinner than previous models, with a crisper display and a more angular look. It has a 5-megapixel camera and can shoot and edit high-definition video.

“This is our new baby,” said Steven P. Jobs, Apple’s chief executive, as he presented the phone during the company’s annual Worldwide Developers Conference here. “I hope you love it as much as we do.”

Analysts said the new phone came at an opportune moment for Apple. While previous versions of the device continue to sell briskly, buyers have been faced with an increasingly large array of attractive smartphones. Read full story from publisher

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