Apple’s new line of iPhones is a $500 premium over the first generation

Apple has unveiled its next-generation iPhone, the iPhone 7, at its Worldwide Developers Conference in San Francisco.
The new iPhone 7 comes in four colors: gold, rose gold, blue, and rose gold.
It will start at $499 for the base model and go up to $699.
The iPhone 7 is the first iPhone that Apple will not release in two colors.
The phone is also the first to feature a fingerprint scanner.
The most popular model of the new iPhone, which starts at $649, is still a $100 premium over its predecessor, the $699 iPhone 7 Plus.
The next-gen iPhone is expected to cost around $600.
The new iPhone is the latest version of the company’s iPhone line that has been in production for a year.
Apple unveiled the iPhone 6s, the first smartphone to include the company-designed A11 Bionic chip.
The A11 chip has been used in the iPhone 5s, which also features the A11 processor.