Apple just announced that the new iPhone 5 will cost $199 for the 16GB model, $299 for the 32GB model and $399 for the 64GB option. The 8GB iPhone 4 is now free (not discontinued), and the iPhone 4S will cost $99. All with a new contract, of course, folks.
The iPhone 5 will ship Sept. 21 in the U.S., Canada, UK, France, Geramny, Australia, Japan, Hong Kong and Singapore. The launch will occur in additional countries on the 28th and in 100 countries by the end of the year.
Pre-orders for the device start on Friday, Sept. 14, and it will ship one week later.