After months of speculation, Apple just unveiled the iPhone 7 and iPhone 7 Plus. Here's the latest information on preorders, pricing, release date and carrier details.

Details regarding the iPhone 7 and iPhone 7 Plus have been making headlines for months, and today, Apple put all the rumors to rest. The company formally announced the iPhone 7 and iPhone 7 Plus at a press event, which Apple proudly proclaimed are its best iPhones ever made. The pair is also the first iPhone duo to drop support for the standard 3.5 mm headphone port and instead ship with Lightning EarPods and Lightning to 3.5 mm headphone adapter so you'll still be able to use your favorite headphones.

"iPhone 7 and iPhone 7 Plus dramatically improve every aspect of the iPhone experience, reaching a new level of innovation and precision to make this the best iPhone we have ever made," said Philip Schiller, Apple's senior vice president of Worldwide Marketing. "The completely redesigned cameras shoot incredible photos and videos day or night, the A10 Fusion chip is the most powerful chip on any smartphone while delivering the best battery life ever in an iPhone, and an entirely new stereo speaker system provides twice the sound, all within the first water and dust resistant iPhone."

Apple will kick off preorders for the iPhone 7 and iPhone 7 Plus on Friday, Sept. 9, and the smartphones will be delivered and released in retail stores on Sept. 16. In terms of carrier support, all four major U.S. carriers, AT&T, Verizon, Sprint and T-Mobile, have announced plans to release the new iPhones.

Apple has provided pricing details based on carrier, storage capacity, monthly payments and full price. AT&T, Verizon and Sprint 32 GB iPhone 7 is $32.41 per month or $649 full price. 128 GB iPhone 7 is $36.58 per month or $749 full price. 256 GB iPhone 7 is $40.75 per month or $849 full price.

Moving on to the larger iPhone 7 Plus, AT&T, Verizon and Sprint iPhone 7 Plus 32 GB is $37.31 per month or $769 full price. 128 GB iPhone 7 Plus is $41.58 per month or $869 full price. 256 GB iPhone 7 Plus is $45.75 per month or $969 full price.

T-Mobile customers only have the option of paying full price when placing an order through Apple's online store.

The iPhone 7 features a 4.7-inch Retina HD display, while the iPhone 7 Plus rocks a 5.5-inch Retina HD display. The pair is powered by Apple's powerful new quad-core A10 Fusion chip and M10 motion coprocessor. The iPhone 7 includes a single 12-megapixel rear camera with digital zoom up to 5x, while the iPhone 7 Plus uses dual 12 megapixel wide-angle and telephoto cameras with optical zoom at 2x and digital zoom up to 10x. Both models support 4K video recording at 30 fps, OIS (optical image stabilization) and 7-megapixel FaceTime HD camera.

Apple never reveals actual battery capacity, but claims the iPhone 7 gets up to two hours longer battery life than iPhone 6s, up to 14 hours of talk time and up to 10 days of standby time. The company claims the iPhone 7 Plus gets up to one hour longer battery life than iPhone 6s Plus, 21 hours of talk time and up to 16 days of standby time.

iPhone 7 and iPhone 7 Plus are also the first iPhones to ship with built-in stereo speakers, which Apple claims are two times louder than iPhone 6s and iPhone 6s Plus. The new iPhones are rated IP67 splash-, water-, and dust-resistant and are offered in choices of Rose Gold, Gold, Silver, Black and Jet Black (Apple exclusively offers Jet Black in 128 GB and 256 GB models).

Apple ships the iPhone 7 and iPhone 7 Plus with its new EarPods with Lightning connector, Lightning to USB cable, 5W USB adapter and Lightning to 3.5 mm headphone jack adapter.

Are you planning on preordering/purchasing an iPhone 7 or iPhone 7 Plus? What color and capacity? Please let us and our readers know in the comments below.

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