Steve Jobs has just finished on stage at the Apple Fall Event in San Francisco. Here is a breakdown of the new announcements.

iOS Updates

iOS4.1  – Fixes many bugs – Proximity Sensor,3G Performance. And also added some new things like: HDR photos. High dynamic range photos. HD video upload over WiFi, TV show rentals, and Game Center. iOS 4.1 will be released next week.

iOS4.2 will be coming in November and is mainly an iPad update bringing Multitasking, Game Center, HDR photos, Wireless Printing and AirPlay.

iPod Updates

iPod Shuffle – updated to simplyfy buttons, add playlists, add VoiceOver control and Genius Playlists. It’s available in 4 coloours and will cost $49 (no word on UK pricing yet.)

iPod Nano – the rumours were right – it is smaller with some hardware buttons on the sides, but the front is entirely touch-screen based. “It’s so small, we put a clip on it too. It’s 46% smaller and 42% lighter than its predecessor. That doesn’t happen very often. Hard volume buttons, VoiceOVer, FM radio, Nike+, pedometer, and 24 languages. 24 hours of audio playback.”

Read more after the break.

iPod Touch – “it’s got our amazing Retina Display in it. It’s got 4x the number of pixels, it’s a remarkable display. It’s the best display in the world — and that’s what everyone’s said who’s seen it on the iPhone. It’s got the A4 chip, the same chip that powers the iPhone. 3-axis gyro, iOS 4.1 with Game Center, and a front-facing camera with FaceTime. It’s got a rear camera as well with HD video recording.”

There are 3 iPod Touch models: 8GB for $229, 32GB for 299, and 64GB for 399. (No word n UK pricing yet.) Also no mention of the iPod Classic which we assume will no longer be available.

iTunes

iTunes 10 is being launched with the focus on music discovery via Social Networking using Apple’s new built in service called Ping.

“Ping is for social music discovery. Follow and be followed — artists will probably want to be followed by anyone, but you can set yourself to be followed by approval only, because maybe I’m particular. You can get as private and public as you want. The privacy is super simple to set up, anyone can do it.”

“Post thoughts and opinions as you want to, custom song and album charts, over 17,000 concert listings, and Ping is open to over 160m iTunes users immediately. We’re starting with a very large base with iTunes users, and they can sign up for Ping immediately.”

Apple TV

The new Apple TV is shown. It’s 1/4 the size of the original Apple TV and is far simpler and easier to use.

On the back is a power connector, HDMI connector, Digital Audio (spDif), microUSB and Ethernet.

“It’s got a great remote, and it’s really easy. It’s all HD (when the content’s available. We’ve gone to the rental model, there are no purchases anymore. There’s no storage, because it’s all rental. It’s so affordable you can rent something several times for less than buying it. And you can stream from your computer.”

“So what about content? We have the largest library of movies in the world. You can rent first-run HD movies for $4.99 day and date they come out on DVD!” TV show rentals, commercial-free: 99 cents.”

Only ABC and Fox are on board at the moment but the Apple TV can also hook into You Tube HD, Flickr, Mobile Me video content, and Netflix.

This is the UI interface, no sign of any Apps that many people thought would be available to use on the Apple TV. Finally the price of the Apple TV is reduced from $299 to $99 (no word on UK pricing as yet).

AirPlay

Finally AirPlay is given a demonstration, the Apple TV can pullin content over the network from iTunes libraries, iPhones, iPod Touch’s or iPad‘s. If you are watching a movie on your iPad of iPhone/iPod Touch you can select an option and have the movie display transferred over to your Apple TV (provided the devices are on the same network) right at the point you were watching, a potentially useful feature.

Photos courtesy of GDGT