Cheaper, faster iPhone announced with GPS, just needs suction cup

For those living under a rock, you'll be surprised to learn that Apple announced a new iPhone today that, along with 3G support for faster downloads, features GPS built into the popular phone. While current iPhones can pinpoint your location and provide a Google Map to a destination, they can't hold your hand while traveling and let you know when to turn. The new iPhone available July 11th will be able to do just that like GPS nav systems from well known manufacturers like TomTom or Garmin. We don't know if the new iPhone will also provide voice prompts for directions, so it may turn out to be down a feature or two from a full fledged nav system still, and unfortunately the new case design, which is very similar to the current model but can now be had in white for the 16 GB model, does not come with a suction cup to affix Apple's gravy train device to your windshield. We're sure third-party providers are working on windshield mounts as we speak. The new iPhone will cost just $199 for an 8 GB model and $299 for a 16 GB model, though, which may help some stomach the mandatory contract with AT&T. Check out all the Apple coverage you could ever want at our sibling-site Engadget below.
[Source: Engadget]