Apple Reveals iPhone 5 Specs, Pricing and Release Date!

Just as expected, Apple revealed the iPhone 5 at today's keynote in San Francisco. Sporting the all-new iOS 6, which was first revealed earlier this year, the newest iPhone has a long list of slick new features. Head past the break for all the details!

Like the iPhone 4S and iPhone 4 before it, this iPhone 5 is made entirely of glass and aluminum, sporting an aluminum panel on the back in place of what used to be glass. According to Apple, it is “the world's thinnest smartphone," and is 18% lighter than the 4S.

The iPhone 5 sports a 4-inch, 16:9 Retina display with a 1136 x 640 resolution. All of the software has been updated to work with this new screen size, and a fifth row of apps has been added to the home screen. Apps developed before the new aspect ratio will have black bars filling in the missing screen area, but developers will no doubt be able to take advantage of the size change with future updates.

The new handset will support 4G LTE on Sprint, Verizon and AT&T networks in the US, and Apple has even gone so far as to introduce a single chip for voice and data transmissions. Wi-Fi gets an update too, with the iPhone 5 supporting 2.4 GHz and 5GHz on 802.11n networks.

Inside the handset, we'll find Apple's new A6 chip, which the company claims is 2X faster than the current A5 chip found in the iPhone 4S and iPad. This will be great for anyone who likes to game on their iPhone – who doesn't?

Battery life also gets a boost with the iPhone 5. Not only has Apple matched what we saw with the iPhone 4S, they've actually increased overall battery life, claiming the iPhone 5 delivers up to 10 hours of video playback, 40 hours of music and 225 hours on standby!

Next it was time to talk about the new camera and once again it beats 4S, featuring an 8 MP, 3264 x 2448, backside illuminated shooter that's 25% smaller. The camera also introduces a dynamic low light mode, precision lens alignment and a Sapphire crystal to keep things clear. On top that, a new panorama mode has been introduced, along with the ability to shoot 1080p video and snap photos while you're recording. FaceTime fans will also be happy to know that the front facing camera is now of the HD variety.

One major complaint I have always had regarding Apple's mobile devices are the speakers. For whatever reason Apple never really tried to hard to provide good, loud speakers, but iPhone 5 is hopefully going to change that with the introduction of wideband audio.

Moving on, Apple has used the same 30-pin connector since 2003, but the iPhone 5 is changing that too, with Lightning – an all-digital, adaptive interface with improved durability that's 80% smaller than its predecessor... Don't worry, an adapter is coming, so most of your accessories will still work.

Like the current model, the iPhone 5 will be available in black and white and pricing stays the same at $199, $299 or $399 for 16, 32 and 64GB respectively. Pre-orders begin September 14th and the phone will be shipping out and hitting store shelves on September 21st in the US.

As far as iOS 6 goes, anyone with an iPhone 3GS, 4, 4S, iPad 2, new iPad or 4th-gen iPod Touch will be able to upgrade on September 19th free of charge.

Hit the comments and tell us you think! Will you be the first in line?

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