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The New iPhone: Faster, Stronger, Cheaper

Stock quotes in this article: AAPL , RIMM , NOK , MOT , T , MSFT  

Updated from 2:58 p.m. EDT

SAN FRANCISCO -- Relax, America -- your new iPhone has arrived.

And the even better news: It now costs about half what it used to.

After months of speculation, Apple(AAPL Quote) CEO Steve Jobs unveiled the company's latest iPhone model Monday, designed to run on faster 3G cellular networks, as the company looks to expand sales of its latest technology hit. ...

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