Apple may be planning an "entry-level" $99 iPhone, one that would look and feel the same as its $199 and $299 siblings, but come with fewer features and a more budget-oriented data plan. RBC Capital Markets analyst Mike Abramsky said in a report today the new phone will likely be introduced in June or July, when an upgraded iPhone 3G also is released. "Checks reveal further entry-level iPhone details, including entry-level pricing," he said in the report. "Also expected is a 3G iPhone performance upgrade." The $99 iPhone, he said, will not run on AT&T's faster 3G, or third-generation wireless, network, but rather use its slower 2.5G, or second-generation network. The phone will have Wi-Fi and Bluetooth, just as the first two versions of the iPhone have had. It would also have the same 3.5-inch screen of the current iPhone, with a resolution of 480-by-320. Apple, which does not publicly comment on products in development, released the first iPhone in mid-2007, and the second model, called the iPhone 3G, came out in July 2008.