Apple Offers FREE iPhone 3GS plus Unveils iPhone 4S; No iPhone 5

(Photo by Kevork Djansezian/Getty Images)

Today, the world was watching as Tim Cook, who became CEO after Steve Jobs stepped down earlier year, held their highly anticipated conference announcing a new line of products, updates to their current line of products and of course prices.

Here’s a breakdown of the current iPhone price model:

• iPhone 3GS (8GB): FREE after 2 year contract!
• iPhone 4 (8GB): $99 after 2 year contract!
• NEW! iPhone 4S: $199 for 16GB, $299 for 32GB and $399 for 64GB

What’s the difference between the iPhone 4 and iPhone 4S?
Well the 4S has an high resolution camera, faster and it’s considered a “world phone”, now that it can be used overseas.

The newly released 4S will be released in black or white and pre-orders on the new iPhone will be available starting Oct. 7th through Verizon Wireless, AT&T and new iPhone carrier Sprint. Official launch date is Oct. 14th!