Apple will release a special edition all red iPhone 7 March 24th, 2017. This is not new for Apple since they have always released special edition all red products in the past. The tech giant donates some the money of every purchase to the Global Fund to support HIV/AIDS programs and help deliver an AIDS-free generation.
The initial colored iPhone 7 phones will go for $649 without a contract while the red iPhone will go for $749 without a contract. The initial colored iPhone 7 Plus will go for $769 while the red iPhone 7 Plus will go for $869.
Unless red is your favorite color, I don’t see the point of getting the red iPhone with the iPhone 8 release coming in September.