updated 12:20 pm EST, Tue January 15, 2008
Apple debuts Time Capsule
Apple CEO Steve Jobs today debuted Time Capsule, a new backup device that uses wireless networking to store files without the need to connect an external hard drive. Time Capsule features 802.11n wireless functionality, and will be sold in a 500GB version as well as a 1TB version for $300 and $500, respectively. The device looks similar to an AirPort Extreme base station, but features different ports on the rear.