Apple Inc. sold its millionth iPhone on Sunday, just 74 days after the combination cell phone-iPod went on sale and less than a week after its price was cut by a third.

Apple previously said it expected to hit the million-sold mark by the end of September.

Monday’s announcement sent Apple shares up $2.94, or 2.2 percent to $134.71.

On Wednesday, Apple CEO Steve Jobs cut the price of the 8-gigabyte iPhone from $599 to $399 and discontinued the $499 4-gigabyte version.

SanDisk Corporation (NASDAQ:SNDK), the second largest seller of MP3 players in the United States, today announced the new Sansa View – a video MP3 player with a vast array of features and generous capacity, at an unbeatable price. The sleek-looking Sansa View marries the finest MP3 player attributes with full-motion video support (typically found in larger portable media players (PMPs)), a larger screen, long battery life and generous capacity—all in a thin, easy-to-carry package. Expected to be available in October, the Sansa View will carry a manufacturer’s suggested retail price of $199.99 MSRP for a 16GB flash-based player and $149.99 for the 8GB, far surpassing the competition with respect to value and price.

A significant step-up from the company’s award-winning Sansa e200 music player series, the slim Sansa View features music, photos, FM radio and audio books, plus easy video transferring capabilities and hefty memory capabilities of up to 24GB (by using an optional 8GB microSD/microSDHC card).

“The Sansa View is a new video MP3 player that combines all of the great characteristics of a MP3 player with the video capabilities of a PMP, and packs it into a pocketable device,” said Eric Bone, vice president of marketing for SanDisk’s Sansa audio/video product line. “What’s more, we’re once again showing that category-leading technology can still be very affordable.”

SanDisk’s Sansa View video player innovates beyond the typical video loading procedure, making it easy for consumers to transfer videos natively using widely available software. Most popular formats are supported via embedded player functionality (H.264, WMV and MPEG4), or via a one-time software download of the Sansa Media Converter which quickly transcodes numerous video files, including DivX.

Consumers can purchase and insert one of SanDisk’s microSD/microSDHC cards to play up to 24GB of music, video and photos on their Sansa View. (Today, SanDisk microSD/microSDHC cards come with capacities of up to 8GB.) In addition, the microSD card allows users to easily move their content to a cell phone or other mobile device.

A MP3 player at its core, the Sansa View device comes equipped with all the soup-to-nuts features typically found in the Sansa audio line. The smooth, backlit scroll wheel and vibrant 2.4” widescreen display make it easy to navigate to: a music library; video collection; digital photos; digital FM radio with 20 pre-sets; an integrated microphone and voice recording, and Audible audiobooks.

The device supports many music download and subscription services, including Rhapsody To Go, Napster, eMusic and others.

The Sansa View player will come in two capacities—8GB and 16GB—and is expected to be available from retailers in the U.S. in early fall with other regions to follow shortly thereafter.

Advanced Micro Devices Inc. is set to launch its highly publicized new server chip Monday, delivering the biggest jolt to its product lineup in four years.

The company’s redesigned Opteron processor is the first from AMD to feature four computing engines on a single chip instead of just one or two.

AMD’s belated entry into the “quad-core” market is a critical element in the financially strapped company’s offensive against Intel Corp., the world’s largest semiconductor company, whose market value of $148 billion makes it 21 times bigger than AMD.

Intel has outspent its smaller rival on new technologies and better absorbed the pain of a brutal price battle that has led to embarrassing market-share losses AMD hopes its new chip will reverse.

AMD has overhauled the design of the original Opteron chip, which the company says is the most important improvement in delivering higher performance, and is using a different engineering strategy than Intel.

Intel’s four-core chips are actually a package of two chips with two cores each. In AMD’s four-core chips, all the cores are placed on a single piece of silicon.

Industry observers have debated whether either strategy matters in terms of performance.

Mumbai’s police are requiring the city’s 500 Internet cafes to install keystroke loggers, which will capture every keystroke by users and turn that information over to the government — nearly in realtime by the sound of it. Buy things online, and the underpaid Indian police will have your credit card number.