The iPhone will soon be $200 cheaper and support satellite navigation and faster Internet access, but higher monthly service charges are likely to erase most of the savings.

 

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The iPhone will soon be $200 cheaper and come with satellite navigation and faster Internet access, but it will be pricier to own because monthly service charges are rising.

 

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Apple Inc. unveiled an upgraded iPhone Monday with a faster Internet connection and satellite navigation capabilities — priced $200 lower than current models, but with more expensive service.

 

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