If you have been living under a rock, you wouldn't know that the iPhone 7 and iPhone 7 Plus were just announced at Apple's main event in San Fransisco. Among the slew of things announced today like the Apple AirPods, Apple Watch Series 2, and the various App and Game cameos, the iPhone 7 and 7 Plus made their grand entrances. As far as pricing goes, the iPhone models will start with 32GB of storage. The iPhone 7 and 7 Plus will be available in 128GB and 256GB versions as well. Also note, the Jet Black version of the Phone will NOT be available in 32GB, you'll have to buy the 2nd or 3rd...
Source: http://www.gsmarena.com/apple_iphone_7_pricing_and_availability_preorder_on_september_9-news-20397.php