By Margaret Lyons
Updated June 08, 2009 at 12:00 PM EDT

Apple announced updates to its popular iPhone today. The revamped iPhone 3GS is faster than its predecessors, according to the company, and has a 3-megapixel camera and video camera, comes with a built-in compass, and recognizes voice commands. 16GB and 32 GB versions of the phone will be available June 19 for $199 and $299, respectively, and the iPhone 3G (until today the most current model) is now $99 for new AT&T customers.