Apple introduced a new iPhone yesterday called the Apple GS (S stands for speed). The new models go on sale on June 19 for $199 at 16GB and $299 for the 32 GB. The current 3G model at 8GB will be priced at $99.
Apple’s new iPhone software (3.0) will feature in app purchases. Scroll Motion was highlighted during the keynote speech as having 50 magazines and over 1,000,000 books. Current Scroll Motion prices for books have been very high, sometimes almost 2x as high as the Kindle pricing.