Apple introduced the iPhone 6 today at a highly anticipate special event from the Flint Performing Arts Center in Cupertino.

The the new iPhone model will be available in a larger iPhone Plus size at 5.5 inch (diagonally) while the standard iPhone 6 arrives slightly larger than the 4-inch iPhone 5 at 4.7 inches. Both models will be available for purchase starting Sept. 16.

The phones are the thinnest ever produced by Apple while still offering more than 1 million pixels in the iPhone 6 and 2 million pixels in the iPhone 6 Plus.

With a two-year contract, the iPhone 6 will cost $199 for a model with 16 gigabytes of memory, $299 for the 64GB phone and $399 for 128GB. The iPhone 6 is expected to coast $299 (16GB), $399 (64GB) and $499 (128GB), according to reports.

Watch the video announcement below via ABC News:

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Apple also introduced the Apple Watch, which will allow access to apps and messaging for users with an iPhone 5 or the new iPhone 6 models. The watch is expected to hit the market in early 2015 starting at $349 for the standard watch model, an 18k gold Watch Edition and lighter and more durable Watch Sport.

The third big announcement today was Apple Pay, a new mobile payment platform that it says will make it easier to make mobile purchases using a credit card on file at iTunes with Touch ID.