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Apple CEO Steve Jobs holds the new iPhone 4 after he delivered the opening keynote address at the 2010 Apple World Wide Developers conference - 

In a move that shocked absolutely no one, Apple announced the iPhone 4 at it's annual World Wide Developers Conference in San Francisco. The new iPhone features a dramatically sharper screen, built-in HD video camera, iMovie video editing software, improved battery life, and the option to use Microsoft's Bing search engine instead of Google (though Google still remains the default). But the feature that Apple is touting most heavily is something called Face Time. The iPhone 4 has two cameras: a rear facing camera for regular photography and video, and a forward facing one that you can use to conduct video conferences. Basically, it's a video phone. Both people talking have to be on iPhone 4s and you can only connect via WiFi and not over the data network. So will this change the world and make our society more like the Jetsons or is it just another doohickey that no one will use?

We talk to KQED's Stephanie Martin from the floor of the Moscone Center in San Francisco. She fills us in on exactly what was announced. And we talk to tech journalist Glenn Fleishman, he's been covering Apple for many years, about what this advance means for Apple and for society.