iPhone for USD$99

This sound like a good deal for the new iPhone. It promises double the speed of its previous model.

The iPhone will come in three sizes and prices. The new phone will have a 16-gigabyte model for USD$199 and a 32-gigibyte version for USD$299. Apple will continue to sell a second-generation iPhone 3G with 8 gigabytes of memory for USD$99.

The new iPhone OS 3.0, which was first unveiled in March, will have cut, copy and paste capabilities for all applications. The operating system will also feature an undo gesture, which will undo the last action by shaking the phone.

Fully integrated search, multimedia text messages and auto-fill for passwords have also been added to the iPhone, though the multimedia text messaging will not be available on AT&T until later in the summer.

The new OS will allow users to rent and purchase movies right from their phones using iTunes, and it will have parental control functionality.

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