Observer Richard has sent us a link to a QuickTime movie featuring Appleis new iBook. The new iBook is clearly based on the Titanium appearance of its PowerBook G4 cousin, and is quite breathtaking.

The new iBook includes a 12.1" screen with a maximum resolution of 1024X768, and users have the option of a CD-ROM, DVD-ROM, CD-RW, or a combination CD-RW/DVD-ROM drive. Sporting a 500MHz G3 processor, the new iBook weighs an astonishing 4.9 pounds. According to Apple:

Apple today introduced an all new iBookÈ?the lightest and smallest full-featured consumer and education notebook on the market today. Weighing just 4.9 pounds*, the new iBook features the first 1024-by-768 resolution 12.1-inch display in its class, FireWire for video editing, and up to 5 hours of battery life. Starting at only $1,299, the amazingly affordable new iBook fits perfectly in todayis active digital lifestyle.

The new iBook offers the choice of a CD, DVD or CD-RW drive for easily burning music CDs, or a "Combo" DVD-ROM/CD-RW drive for both burning CDs and watching movies on DVDs. New iBooks include both iTunes, the worldis best and easiest to use "jukebox" software, and iMovie 2, the worldis most popular and easy-to-use consumer digital video editing software. Every new iBook model has a brilliant 1024-by-768 resolution 12.1-inch TFT display that has as many pixels as a typical 14-inch notebook display.

"The new iBook is wonderfully small and light, and packs in all the amazing features youid expect from Apple," said Steve Jobs, Appleis CEO. "With iMovie, iTunes and iTools, the new iBook builds on the incredible success of the original iBook and is designed to fit todayis digital lifestyle."

Every iBook is powered by 500 MHz PowerPC G3 processors, and offer up to twice the onboard memory, twice the memory expansion, and twice the storage than previous models. iBookis new stunning design is almost two pounds lighter and twice as durable than previous models, and small enough to easily fit into any backpack or computer bag. Made for students and consumers alike, iBookis streamlined impact resistant polycarbonate enclosure has no doors protruding, latches or levers to break or accidentally catch.

The new iBook offers great features such as:

• fast PowerPC G3 processors running at 500 MHz with 256K backside level 2 cache;
• a crisp 12.1-inch (diagonal) active-matrix 1024-by-768 resolution TFT XGA display;
• a CD-ROM, DVD-ROM or CD-RW drive and optional "Combo" DVD-ROM/CD-RW drive;
• either 64- or 128MB onboard memory with increased RAM expansion to 640MB;
• one FireWire and two USB ports;
• AGP 2X Rage Mobility 128 with 8MB SDRAM;
• built-in 10/100 Ethernet and 56K modem;
• full-size keyboard;
• VGA and composite video output;
• AirPort ready with integrated antennas; and
• built-in microphone and stereo speakers.

Still the easiest way to get on the Internet, all models offer instant Internet access with a free 30-day trial with EarthLink; Mac OS 9.1, featuring iTools, Appleis unique suite of free Internet services; and support AirPort, Appleis revolutionary wireless networking for cable-free Internet access. With an optional cable, every iBook also offers video out as either VGA or composite video.

Pricing and Availability
The new iBook will be available in mid-May from Apple Authorized Resellers and The Apple Store (www.apple.com) in three standard configurations:

• iBook 500 MHz with 64MB SDRAM, 256K level 2 cache, 10GB Ultra ATA hard drive, CD-ROM drive, USB and FireWire, built-in 56K modem, 10/100BASE-T Ethernet and AirPort ready for an estimated retail price of $1,299 (US)
  
  
• iBook 500 MHz with 128MB SDRAM, 256K level 2 cache, 10GB Ultra ATA hard drive, DVD-ROM drive, USB and FireWire, built-in 56K modem, 10/100BASE-T Ethernet and AirPort ready for an estimated retail price of $1,499 (US)
  
  
• iBook 500 MHz with 128MB SDRAM, 256K level 2 cache, 10GB Ultra ATA hard drive, CD-RW drive, USB and FireWire, built-in 56K modem, 10/100BASE-T Ethernet and AirPort ready for an estimated retail price of $1,599 (US).

Build-to-order options include an additional 64- or 128MB RAM, a combination DVD-ROM/CD-RW drive, 20GB hard disk, and AirPort Card and AirPort Base Station.

You can find more information about the new iBook, and see the new video, at the Apple Web site.