With Apple preparing to launch some new products this evening, there has never been a better time to snap up an iPhone at a bargain price. At the time of writing, the iPhone 16 and the iPhone 16 Pro are the latest mobile devices to be launched by the tech giant.

However, Tim Cook has teased that the “newest member of the family” will be revealed on Wednesday, February 19. The Apple Hub on X has teased the rumoured products to be released – iPhone 16E (otherwise referred to as the SE 4) and the iPhone 17.

This account is not associated with Apple Inc but with the impending Apple launch to take place at 6pm in the UK, the prices of the latest iPhone 16 has dropped across a range of retailers.

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For people who want the iPhone 16 on a contract, then Sky Mobile is a top option, according to the Express. You can get the iPhone 16 with 128GB in a variety of colours for as little as £24 a month with no extra cost.

This is a 36-month contract, but you are able to swap to a new phone for no extra cost after 24 months. After picking your preferred colour, you need to pick a SIM card where prices start at £0. This is an amazing deal as you can get a free SIM, but if you are needing a decent amount of data, you can buy a 3GB plan for only £6 a month.

The newest release will be cheaper than the iPhone 16.
The newest release will be cheaper than the iPhone 16. (Image: Apple)

For those you are looking for a SIM free option, you can buy a Black iPhone 16 with 128GB off Amazon for £739. This is a £60 discount on the usual RRP of £799. Other colour options are available, but they are slightly more expensive to buy.

If you need an excessive amount of storage on your phone, then the iPhone 16 with 512GB is the best place for you to look. As it has more storage the price does hike up quite a bit. Argos is selling this phone for £1049, which is £50 cheaper than the original price.

This is also Argos’ lowest ever price for the iPhone 16 with this storage, so you might want to snatch this deal up. On top of this, you can save even more if you exchange your old phone as Argos offers a range of trade-in deals.

While retailers are dropping the price of the iPhone 16, is it actually the right time to buy? Well on top of Apple being expected to launch its latest model, the newest phone is also rumoured to be cheaper than current iPhone 16. However, in order to do this, some cuts will be made to the features seen in the advanced iPhone 16.

These changes could include a lower quality display, and it is expected that it will use the old style notch from previous iPhones rather than the last Dynamic Island. The newest release is also rumoured to lose a camera, therefore lessening its photography skills. Overall, the iPhone 16 may be the better phone even though it costs more.

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