Cult of Mac is reporting that Apple is discontinuing the Magic Mouse in favor of the more Lion friendly Magic Trackpad. Both devices are currently available for $69 in Apple’s online store.

Microsoft still has not made the Arc Touch Mouse official, but a German online shopping site – Winfuture erroneously posted details and pictures of the upcoming mouse. The Arc Touch mouse from Microsoft has a very unique design which makes it very comfortable to hold (at least it looks like so!).

Today, Apple unveiled a new 27-inch LED Cinema Display, New Mac Pros and also updated their iMac line-up. The new 27-inch LED Cinema Display from Apple features a resolution of 2560*1440, and also features an integrated camera, microphone and speakers.