If you’ve been putting off buying an iPhone waiting for Apple’s 3G version, your wait will soon be over.

Steve Jobs holds a first generation iPhone.

Analysts said they expect the 3G iPhone to be released on June 9, 2008. Apple is expected to drop the price of the 2.5G model to between $249.00 - $349.00.

Of course, connectivity will depend on network capability and capacity on AT&T’s wireless network. They sell and provide wireless services for the iPhone. There’s no word on the expected retail price of the 3G iPhone.