Apple Inc. has introduced a new, cheaper iPhone model that navigates the internet more quickly, as well as a range of new applications and services, the New York Times reports. Apple Chief Executive Steve Jobs said the new iPhone 3G, to be available in the United States through AT&T beginning on July 11, will sell for $199 for the 8-gigabyte model and $299 for a 16-gigabyte model. He said the biggest barrier to people buying the phone had been price. Analysts and industry executives said they believed the lower prices would bring in new consumers who had been put off

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