After months of leaks and reports, the iPhone fans could finally breathe a sigh of relief after the Cupertino based tech giant has also officially announced the launch date of its new model of iPhone.

The American technology giant Apple has announced that it will unveil a new model of iPhone on October 13, 2020. The announcement comes amid much delay due to the ongoing coronavirus pandemic, as iPhone users eagerly awaited to grab their hand on the upcoming iPhone 12.

As per details, the event will be conducted entirely online by Apple, which will be live-streamed on Apple's official website.

Coming to the price tag, as per Bank of America analyst Wamsi Mohan the price of the upcoming iPhone 12 will be up 100 USD this year because of the superfast 5G connectivity added to the model.

However, the company did not confirm the price increase of the iPhone 12. If analysts are right about the price of the iPhone 12, then the price of the iPhone 12 will be USD799, while the Pro version of the iPhone 12 will be priced at $1099.