Apple Begins Bargain Rollout

SAN FRANCISCO -- Apple(AAPL Quote) CEO Steve Jobs opened MacWorld here on Tuesday, debuting a slew of new products, including a new bargain-priced Macintosh and a flash-based iPod.

Rumors of both products had been swirling for weeks.

The news wasn't enough for the stock to offset the struggles of the broader market, however; shares were recently down $2.27, or 3.5%, to $66.69.

The new Macintosh, dubbed the Mac Mini, will be available later this month at a starting price of $499. The computer comes in a small lunch box-sized case, but doesn't include a monitor, keyboard or mouse. However, it has built-in connections to hook the computer up to industry-standard peripherals, including ostensibly those made for PCs with Microsoft's(MSFT Quote) operating system. ...