Apple has just announced live that the iPhone 5 will be available for pre-order on September 14th, will come in black and white variants with pricing lining up with the expected $199, $299, and $399 respectively for 16, 32, and 64 GB capacities. The iPhone 4 and iPhone 4S have gotten significant price reductions as well.
If you're planning on picking up an iPhone, whether it be a new iPhone 5 or a discounted model, you'll have a wide variety of pricing points to choose from. While the iPhone 5 came in right where we expected, Apple will continue to produce an 8GB model iPhone 4 which will drop to free on contract. If you're interested in picking up an iPhone 4S on contract, you'll be able to snag the 16 GB version for a meer $99.
Image Source: The Verge