Today at Apple’s iPhone event, Apple unveiled a cheaper iPhone, the iPhone 5C, as well as the iPhone 5S. While the devices in themselves are not really a surprise after countless of leaks, the price of the iPhone 5C was still an outstanding question. The 16GB iPhone 5C will be released for $99 with a two-year contract. A 32GB model will cost $199. The iPhone 5S will cost $199, $299 or $399 for 16GB, 32GB and 64GB.
The iPhone 5C will greatly help Apple in many markets. While most phones come with a 2-year contract in the U.S., it’s not the case in the rest of the world. A new cheaper iPhone was highly anticipated as it could become a best-selling device in Europe and Asia. In these countries, customers can opt for cheaper plans but have to purchase unsubsidized phones. While it’s a great deal over two years, the high price of the high-end iPhones sometimes scares people off and make them buy Android phones.
In a surprising move, the iPhone 5 is not sticking around while Apple will now “sell” the iPhone 4 for free with a two-year contract.
Pre-orders start on September 13.
Read more about the iPhone 5C.
Read more about the iPhone 5S.
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