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Today at Apple’s iPhone occasion, Apple unveiled a less costly iPhone, the iPhone 5C, in addition to the iPhone 5S. While the devices in themselves aren’t actually a surprise after countless of leakages, the cost of the iPhone 5C was still an exceptional question. The 16GB iPhone 5C will be launched for $99 with a two-year agreement. A 32GB model will cost $199. The iPhone 5S will cost $199, $299 or $399 for 16GB, 32GB and 64GB.

The iPhone 5C will significantly help Apple in lots of markets. While a lot of phones come with a 2-year contract in the U.S., it’s not the case in the rest of the world. A new less expensive iPhone was extremely anticipated as it might become a best-selling gadget in Europe and Asia. In these countries, customers can select less expensive strategies but need to buy unsubsidized phones. While it’s a lot over 2 years, the high cost of the high-end iPhones sometimes terrifies individuals off and make them purchase Android phones.

Apple wishes to reverse this trend by releasing something totally brand-new with the iPhone 5C. In other words, Apple is pursuing market share especially. The company hopes to create more profits with this new lineup.

In an unusual move, the iPhone 5 isn’t remaining while Apple will now ‘offer’ the iPhone 4 free of charge with a two-year agreement. On the various other hand, the iPhone 5 is now ceased.

Pre-orders begin on September 13.

Read more about the iPhone 5C.
Read more about the iPhone 5S.