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Here's how much the new iPhones cost

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Apple just announced pricing for its two new iPhones, the iPhone 6S and iPhone 6S Plus.

With a two-year contract, the iPhone 6 will start at $199 for 16 GB of storage, while the iPhone 6S will start at $299 for the same storage. The iPhone 6S and iPhone 6S Plus prices range up to $399 and $499, respectively.

iphone 6s pricing
Apple

Apple is also updating the pricing for its older phones (see below).

iphone pricing
Apple

And finally, Apple introduced a new iPhone Upgrade Program. Here's how it works:

  • Starting from $32.41 per month, you can get a new, unlocked iPhone every year, with the protection coverage you want from AppleCare.
  • Since the iPhone comes unlocked, you can choose your carrier: AT&T, Sprint, T-Mobile and Verizon are all viable carrier options.
  • After you've paid 12 installments, you can get a new iPhone and start a new iPhone Upgrade Program. You can simply trade in your current iPhone for a new one and the program begins anew. 
iphone pricing
Apple

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Dave Smith is the front-page editor for Business Insider. His work has been published in Newsweek, ABC News, USA TODAY, Huffington Post, Forbes, ReadWrite, Inc. Magazine, The International Business Times, NPR, and elsewhere.