Apple CEO Steve Jobs keynote presentation to developers at Apple's Worldwide Developer Conference has been available to watch since the day after the announcement. For those who can't spare a whole hour to sit and watch, Cnet is offering a transcript of the whole speech in which Jobs announces the Intel switch.

Here are a few of the highlights:

One of the first things Jobs mentions in the Keynote is the London store, which he describes as "hopping".

Jobs also explains the new Podcasting functionality in iTunes, describing Podcasting as: "The hottest thing going in radio, hotter than anything else in radio."

Jobs reveals that even Apple is going to make a Podcast. "We're going to do one ourselves because we have new-music Tuesdays and we put new music on the iTunes music stores, so we decided to do a podcast."

He also announces the planned release of Leopard at the end of 2006 or early 2007 "right around the time when Microsoft is expected to release Longhorn".


"But we're not going to be focusing on it at this conference today," he says, moving on to explain Apple's planned transitions to Intel processors.

"Why do we want another transition? Because we want to make the best computers for our customers looking forward," he says.

The switch to Intel chips will enable Apple to create its promised 3GHz G5 PowerPC, and the long awaited PowerBook G5, says Jobs.

Jobs explains that the most important reasons for the move are that Intel boasts great performance and, most importantly, low power consumption.

He claims: "When we look at the future road maps projected out in mid-2006 and beyond, what we see is the PowerPC gives us sort of 15 units of performance per watt, but the Intel road map in the future gives us 70."

Jobs also introduces Rosetta. He addresses some concerns about the speed at which Photoshop will run once it is translated for the Intel chip: "Now you'll notice when Photoshop is opening it's also loading in all the plug-ins and all the plug-ins again are all translated, so they all work fine. There is Photoshop. Let me open another photo, let's see how fast it, boom, and again you can… go through stuff and do whatever you want to do."


Finally Intel CEO Paul Otellini gives his perspective on this partnership: "I think that this brings together the skills and the opportunities and the engineering excellence of two great companies and they combine our strengths and they play on our respective strengths. Apple has a legendary capability in hardware and software engineering, in design and in innovation.

"Our strengths are a little bit different but they're entirely complementary. We are all about computer architectures, we're about scale and scope and being able to deliver in high volume the world's best technology and the world's best processors, and what we are most about is the relentless advancement of Moore's Law to give you better and better machines year after year."