Rumors and leaks pertaining to the next-gen iPhone have been gathering momentum as the annual September launch cycle of the smartphones draws nearer.

Now, a new leak reveals the pricing of the iPhone 7, iPhone 7 Plus and iPhone 7 Pro models, as well the storage tiers for the impending Apple handsets.

The latest information comes courtesy of a leakster on social media site Weibo. The leakster, who goes by the handle @Reviewer, has a good track record when it comes to leaks and has been accurate in the past.

Earlier in June, he shared images of the OnePlus 3 smartphone, along with its pricing, on Weibo before the OnePlus smartphone was officially launched by the company.

Now, according to @Reviewer, Apple is looking to do away with the 16 GB models of its iPhone and replace it with a 32 GB model instead. This is not the first time murmurs have emerged online of Apple opting for a 32 GB iPhone in favor of a 16 GB one as its base model.

Tech Times reported just last month that Apple was indeed considering making the 32 GB storage option the entry-level model and discontinuing the existing 16 GB variant. Considering the iPhone had 8 GB base models prior to the launch of the iPhone 5 in 2012 — which gave way to the 16 GB model — it seems to be a possibility.

So if @Reviewer is on the money, the iPhone 7 will be offered in 32 GB, 64 GB and 256 GB models. This means, however, that the 128 GB option will not be available for the iPhone 7.

Interestingly, bigger siblings iPhone 7 Plus and iPhone 7 Plus Pro will not be available in the 64 GB option, but will come with 32 GB, 128 GB and 256 GB storage capacities.

For those wondering about the pricing, here's a look at the cost:

iPhone 7

32 GB - $802 or 5,288 yuan

64 GB - $924 or 6,088 yuan

256 GB - $1,075 or 7,088 yuan

iPhone 7 Plus

32 GB - $924 or 6,088 yuan

128 GB - $1,045 or 6,888 yuan

256 GB - $1,197 or 7,888 yuan

iPhone 7 Pro

32 GB - $1,075 or 7,088 yuan

128 GB - $1,197 or 7,888 yuan

256 GB - $1,349 or 8,888 yuan

If the above leak is accurate, then it means consumers would have to shell out a minimum of $1,000 for the base model of the iPhone 7 Pro, which makes it quite steep.

On the bright side, the leak reaffirms that Apple has an iPhone 7 Pro in the pipeline, even though the extras that the device will offer compared to the iPhone 7 or iPhone 7 Plus remain circumspect.

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