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Apple has announced price cuts in its popular iPhone models recently.The company also launched a new iPhone model called iPhone 3G S.T

The new 16-GB 3G S iPhone will cost $199 and a 32-gigabyte  $299.These models will come out on June 19 for sale.The new iPhone has better a video/digital camera with auto-focus.

The older 8-GB iPhone 3G has now a cost of $99 (prev price $199).

It is to note that just two years ago iPhone was being sold for $499 for a 4GB version and $599 for 8 GB.

The new iPhone will have enhanced software features with support for cut, copy and paste.The announced iPhone  handset is said to have a faster processor apart from internal compass and a long battary life.