Apple Hosting Special September 5th Event

| About: Apple Inc. (AAPL)

By Carl Howe

Some key developments for Apple (NASDAQ:AAPL) watchers:

Engadget confirms Apple September 5th special event

Engadget has confirmation that Apple is holding a special event on September 5th. We've been predicting said event for about six months, but it's nice to see it in the form of an actual invitation. We expect to see Apple revamp its iPod line, including an iPhone-like video iPod without the phone capability, and iPod nanos that do video.

Who says iPhone hacking doesn't pay?

The Associated Press reports that one of the teenagers who unlocked the iPhone so it can be used on non-ATT networks has traded his unlocked iPhone for a Nissan 350Z and 3 8GB iPhones. Not a bad trade for a couple month's work -- and it sure beats baby-sitting.

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