Apple launches new iPhone

The iPhone 3GS was launched yesterday at the Worldwide Developers' Conference in San Francisco by Phil Schiller, Apple vice president. The third-generation phone is reportedly up to two times faster and has a copy-paste function (finally!), MMS, and voice dialing capabilities. The phone will start at $199 in the US, but there's no word yet on how much it will cost locally.

Drool over the new iPhone at Apple.com.