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Here's How Much Apple's New iPhones Will Cost When They Go On Sale Sept. 20

Caroline MossSep 10, 2013, 23:42 IST

Justin Sullivan / Getty ImagesThe new iPhone 5CApple just announced its new iPhones, the 5C (an inexpensive version of the iPhone which comes in a variety of colors), and the iPhone 5S.

Both devices will go on sale in stores September 20, and you can pre-order the iPhone 5C beginning on Friday, September 13.

The 5C will cost $99 for the 16GB model, and $199 for the 32GB model. Both require a two-year contract.

The 5S will cost $199 for the 16GB model, $299 for the 32GB model, and $399 for 64GB. They also require a two-year contract.

With this announcement, the 4S will now be free with a 2-year contract.

The iPhone 5 wil be phased out altogether.

You can follow Business Insider's live-blog of the Apple event here.