07/19/2011 06:10 pm ET | Updated Sep 18, 2011

Mac OS X Lion Release Date Announced At Quarterly Earnings Call

At the Apple's third quarter earnings call on Tuesday, CFO Peter Oppenheimer announced that Apple's hotly anticipated desktop software, Mac OS X Lion, is ready for release.

Apple will let Lion out of the cage on Wednesday, July 20.

Customers can download their own version for $29.99 at the Mac App store.

Apple promised back in June that Lion will bring over 250 new features, such as additional multi-touch gestures, Auto Save, peer-to-peer file sharing, and much more.

View our Mac OS X Lion slideshow for a refresher of the features you can expect from this software revamp.