What is the price / cost of the iPhone 4S?

The iPhone 4S comes in black and white in 3 different models, with the following pricing:

iPhone 4S 16GB - $199
iPhone 4S 32GB - $299
iPhone 4S 64GB - $399

Please note: these prices reflect Sprint, Verizon and AT&T subsidized pricing. Please refer to our FAQ on unsubsidized / no-contract pricing for the iPhone 4S if you are looking for information on obtaining the iPhone 4S before you are eligible for an upgrade with your carrier.