photo credit: MacRumors

For quite a while folks have rumored and wept for a $99 iPhone, and Apple's announcement Monday at WWDC has fulfilled that wish. Alongside the $199 16GB iPhone 3GS and the $299 32GB iPhone 3GS, the traditional iPhone 3G in 8GB will be selling for $99 with a new 2 year contract on AT&T. And that price is effective immediately - go buy one, or wait til the 19th and buy a 3GS.