CEO Steve Jobs unveils the much-anticipated 3G iPhone; cuts the iPhone price to $200; takes aim at the BlackBerry.
By Scott Moritz, writer
NEW YORK (Fortune) -- Apple announced on Monday a much faster iPhone that's half the price of the current model.
The news is expected to address one of the biggest complaints about the hugely popular iPhone: That its network is too slow. CEO Steve Jobs said the new iPhone, which is based on 3G technology, is 36% faster than top rival Nokia's N95 smartphone.
As Fortune.com first reported, the new 8-gigabyte iPhone will cost $199 and a 16-gigabyte version will cost $299. Jobs says the new iPhone will be available worldwide starting July 11. It will allow up to six hours of Web browsing and five hours of talk time.
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By Scott Moritz, writer
NEW YORK (Fortune) -- Apple announced on Monday a much faster iPhone that's half the price of the current model.
The news is expected to address one of the biggest complaints about the hugely popular iPhone: That its network is too slow. CEO Steve Jobs said the new iPhone, which is based on 3G technology, is 36% faster than top rival Nokia's N95 smartphone.
As Fortune.com first reported, the new 8-gigabyte iPhone will cost $199 and a 16-gigabyte version will cost $299. Jobs says the new iPhone will be available worldwide starting July 11. It will allow up to six hours of Web browsing and five hours of talk time.
Rest of the article.
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