See the full article for more details. A couple highlights: multitasking coming to the iP* OS, including the iPad; Apple’s bookstore coming to the iPhone; Apple and Google to battle in mobile advertising...
In answer to a question about multi-tasking, Jobs says: It's like the iPad. If you see a stylus, it's the wrong product. In multi-tasking, if you have to use a task manager, they blew it. Jobs thanks everyone for coming, and the event comes to an end.
Apple’s iPhone OS Event: Ads, Multitasking, Swipes at Google - Digits - WSJ
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