Apple Announces IPhone 3.1

Apple on Wednesday released the iPhone 3.1 software update, as predicted. Apple CEO Steve Jobs introduced the update on stage at the Yerba Buena Center during the "Rock and Roll" event. The software includes a handful of new features and bug fixes.

With over 75,000 apps in the App Store, it can be difficult to find new applications. Apple's extended its Genius media-recommendation algorithm to iPhone applications. It looks at the apps you already own and makes recommendations based on that information.

In addition iPhone 3.1 beefs up the iPhone's ringtone capability, allowing you to download over 30,000 ringtones from major labels via a Ringtones section in the iPhone's iTunes application. Ringtones will cost $1.29 apiece, and automatically show up in the iPhone's Settings once they've been downloaded.

iPhone 3.1 is free for all iPhone and iPod touch owners will be available on Wednesday via iTunes.

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