@ Apple Event: iPhone 2.1 Software Update Coming Friday; App Store Hits 100 Million Downloads

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Apple (NSDQ: AAPL) announced a 2.1 software update for iPhones at its event in San Francisco today that “fixes lots of bugs,” Steve Jobs said. The improvements promised with the update, which will be released Friday, include fewer dropped calls, longer battery life, fewer crashes due to application use and a speedier backup on iTunes.

App store hits 100 million downloads worldwide: Apple also said today that iPhone and iPod touch users have downloaded more than 100 million applications since the App Store launched July 11. Inventory now stands at more than 3,000 applications, of which 90 percent are priced at less than $10 and more than 600 are free. Release.

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