For those who swore they'd wait to buy an iPhone until after they became more affordable… well, you're going to have to dream up another excuse not to get one. Apple czar Steve Jobs introduced the new iPhone 3G today, and starting July 11, it's gonna sell for $199.


That's the 8 gigabyte model, with the 16 gigabyte version going for $299. The new iPhone also comes with faster internet, an (even) sleeker look, and GPS. Unfortunately, AT&T will remain the exclusive carrier, and they plan to jack up the price for their cheapest plan by ten bucks.

Here's Job's speech with plenty of pictures!

So that means I can sell my first generation to one of you guys for $400, and then buy two of the 3Gs… right?