>Cheaper iPhone was planned to be announced at WWDC on Monday by Apple.

Apple plans to introduce a cheaper version of its popular iPhone as soon as Monday, in a move that could dramatically increase the company?s share of the market for web-surfing devices, people familiar with the initiative said on Thursday.

At least what has been reported by Financial time about the cheaper iPhone in WWDC. The cut pricing is approximated $50 or $100. If this is true, means that we can get New iPhone that will be started to be produced next month, July. There are many rumors about iphone, safari release on WWDC.