No surprise here, especially with all the recent leaks. Apple even joked about this. The iPhone 5C is now Apple’s new “budget” iPhone and will replace the iPhone 5 model which would have been the cheaper model for this year. Instead, Apple came out with a completely new model and will discontinue the iPhone 5 which is something they have not done before. Usually they’ll reserve the previous year’s model as the cheaper alternative to the updated model.

Anyways, the iPhone 5C introduces something that most people have probably been waiting for in an iPhone – Color. That’s right, this is the first iPhone that will come in 5 different colors with no black as an option. You can choose green, blue, pink, yellow, and white. The new back is made of hard-coated polycarbonate and is reinforced internally with a steel frame.

Specs are on par with the current iPhone 5 with an A6 processor, 4-inch retina display, 8MP rear camera, 1.2MP front Facetime camera, etc. If you have an iPhone 5 already, the only reason you would buy this is because you want the new colors. Other than that, upgrading your iPhone 5 with iOS7 will let you do everything the iPhone 5C can do.

The iPhone 5C will be available for preorder on September 13th for $99 for he 16gb model and $199 for the 32gb model. It will be available for purchase in-stores on September 20th. For more info on the iPhone 5C, check out Apple’s official product page which is up now here.