In less than a week the new Apple iPhones will be launched in ten select markets. All four major U.S. carriers will offer the new smartphones on launch day, T-Mobile is one of those carriers. The carrier apparently cut prices of older iPhones quietly last week as it looks to clear inventory ahead of the launch. The 16GB iPhone 5 price has dropped from $149.99 upfront and 24 equal monthly payments of $21 to $99.99 upfront and monthly payments of $18.75. Given that the iPhone 5C replaces last year’s flagship in Apple’s smartphone lineup, the company has officially discontinued the iPhone 5.

The carrier is also offering an overall price cut of $100 on both the 32GB and 64GB iPhone 5 models. iPhone 4 and iPhone 4S were sold by T-Mobile in locations where its HSPA+ service was available, it is expected that T-Mobile might further slash their prices in order to move more inventory out the door. As previously mentioned, the new iPhones will be launched on T-Mobile come September 20th. The iPhone 5C won’t require an upfront payment, will customers will have to make 24 equal monthly payments of $22 for the 16GB variant. The iPhone 5S is being offered for $99 upfront and 24 equal monthly payments of $22.91 for the 16GB variant as well. [Image via TmoNews]

Filed in Apple >Cellphones. Read more about iPhone 5C, iPhone 5S and T-Mobile.

Key SpecsiPhone 5siPhone 5c
Display Diagonal4"4"
Processor/Soc NameA7, 2-core, 1.3 GHzA6, 2-core, 1.3 GHz
Street Price (Approx)~ $465
Search low iPhone 5s price (Amazon)
~ $265
Search low iPhone 5c price (Amazon)
Max. Total Storage Capacity64 GB32 GB
Megapixels8 MP8 MP
Battery Capacity (mAh)1560 mAh1510 mAh
Complete product dataApple iPhone 5s Full specs and detailsApple iPhone 5c Full specs and details
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