Apple has unveiled a next-generation iPhone yesterday with faster internet access that will run on advanced wireless networks and sell for as low as $199-half the price of its predecessor.

The next gen of Apple iPhone will be cheaper, run on 3G high speed mobile networks and, for the first time, be made available to Canadians. It will go on sale July 11 in Canada through Rogers Communications. The 8gb version will cost $199 ($299 for the 16gb version), the same as in the United States. Apple plans to make the device available in 70 countries this year to achieve its goal of selling 10 million units of the all in one cellphone, iPod and web browsing devices this year. Improved e-mail features for the iPhone are intended to gain the business people, while its ability to run on faster networks is key to Apple’s push to gain market in Europe and Asia.