Apple event coverage overview: see what you might have missed
The cheaper model, 5c, will take the place of the iPhone 5 going forward, starting at $99 on contract.
Both iPhones will go on sale in the first 10 countries of availability (including China) on September 20.
You'd be able to dress the aluminum clad iPhone 5s in a classy leather case ($39) and make the iPhone 5c even more colorful with its own cases ($29).
Apple also announced new iPhoto, iMovie, Pages, Numbers and Keynote.
There is no new Apple TV (as some people expected) and no new iPod touch. Keep in mind Apple has another event tomorrow when the company should detail its plans for China.