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How Much Will the New iPhone 7 and 7 Plus Cost?

Apple CEO Tim Cook announces the new Apple iPhone 7. (Getty)

The release date and price of the new iPhone has just been revealed.

At Apple’s September 7th conference, the company announced that like the previous model, the iPhone 7 will start at $649. As well, The iPhone 7 Plus will start at $769. Both will come with three size options: 32GB, 128GB and 256GB. The monthly installment plans will be available for those who do not want to pay for the phone all at once.

Both phones will be available on September 16th. Pre-orders can be placed starting this Friday, September 9th.

That’s not the only new product Apple is launching this year. They’re also coming out with a new pair of wireless earbuds called AirPods. These come with the iPhone 7 and are meant to replace typical wired headphones, but they will also be available for purchase separately, priced at $159.

Consumers actually knew this information a bit earlier than Apple intended. In the middle of their keynote address today, Apple accidentally sent out a tweet announcing details about the iPhone 7 and when it will be released. They later deleted the tweet, but all of the information in the tweet was confirmed about a half-hour later.

So what do we know about the iPhone 7? At the conference today, Apple announced the phone will be dust and water resistant. It will also have a battery life lasting two hours longer, an improved camera, and it will come with new wireless AirPods.

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In their keynote address today, Apple announced the release date and price for the iPhone 7 and 7 Plus.