Apple has released a new version of the iPhone 3G, it is the iPhone 3G S with the “S” meaning Speed. The new iPhone 3G S is 2 times faster than the original iPhone 3G.

Apple first made the announcement at the WWDC 2009, as the fastest iPhone yet the iPhone 3G S has a 3 megapixel camera with Auto Focus and the ability to record videos at 30 frames per second. It also has a built-in compass, Voice control functions, support for 7.2Mbps HSDPA and runs the iPhone’s 3.0 OS.

The iPhone 3G S is expected to hit shelves in July for the 16GB version going for $199 and the 32GB version going for $299, both with a 2 year contract. The iPhone 3G S was placed on pre-ordering but already have been sold out.