iPhone 5 is most expensive Apple phone ever with prices starting at £529

Apple’s elongated iPhone 5 smartphone has become the most expensive smartphone ever launched by the company at £529 for the 16GB model.

The previous iPhone 4S went on sale for £499 and its suggested retail price remained constant until very recently.

The 32GB model costs a whopping £599 and the 64GB a staggering £699. In contrast, you can get the Samsung Galaxy S3 for as little as £399 with 16GB of onboard storage and stick either a £10 32GB card in it to boost it to 48GB, or a £38 64GB microSD in to bump the internal capacity to a whopping 80GB.

The price of the iPhone 4 drops by a tenner to £319 while the iPhone 4S can now be bought for £449, a £50 drop in price. It’s also worth noting that Apple lists an estimated delivery time of two weeks, which means that the first iPhone 5s ordered on Apple’s website should reach households by the end of the month.

There’s also a slightly worrying footnote from Apple which highlights the fact that unlike the universal GSM models, the UK version of the iPhone 5 might not support LTE networks in other countries.

Source: Apple

You can win an iPhone 5 in our iPhone 5 competition by answering a simple question about what generation the Phone 5 is. ITProPortal reported live on Apple’s announcement. Other than the iPhone 5, we saw new iPod devices but no cheaper version of the iPhone 4S, an iPad mini and potentially a 13in Macbook Pro with Retina Display.