Apple unveils the new 3G iPhone: "twice as fast at half the price"

The wait is finally over. For all us Apple fans, who have been waiting for a cheaper yet faster version of the iPhone that is 3G compatible, the word is finally out.

Apple(R) today introduced the new iPhone 3G, combining all the revolutionary features of iPhone with 3G networking that is twice as fast as the first generation iPhone, built-in GPS for expanded location based mobile services, and iPhone 2.0 software which includes support for Microsoft Exchange ActiveSync and runs the hundreds of third party applications already built
with the recently released iPhone SDK. In the US the new iPhone 3G is priced at a stunning $199 for the 8GB model, and just $299 for the 16GB model.

iPhone 3G will also be available in more than 70 countries on July 11. Having waiting for 2 months since my contract expired so that I can lay my hands on this coveted piece of gadgetry, I am just thrilled.

"Just one year after launching the iPhone, we're launching the new iPhone 3G that is twice as fast at half the price," said Steve Jobs, Apple's CEO. "iPhone 3G supports Microsoft Exchange ActiveSync right out of the box, runs the incredible third party apps created with the iPhone SDK, and will be available in more than 70 countries around the world this year."

iPhone 3G gives users ever faster access to the Internet and email over their cellular network with quad-band GSM and tri-band HSDPA for voice and data connectivity around the world. iPhone 3G supports Wi-Fi, 3G and EDGE networks and automatically switches between them to ensure the fastest possible download speeds.