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The new iPhone 5 - Lighter, thinner, and lasts longer

iPhone 5 is all set to take the smartphone industry to a new level iPhone 5 is all set to take the smartphone industry to a new level.

Ladies and gentlemen - it's here. Its thinner, its lighter, and it lasts longer. Packed with a ton of new innovations, the iPhone 5 is here to enthrall.

Ending months of frenzied speculation, Apple took the wraps off its new iPhone at an event in California.

So what’s new about the new iPhone 5? Well, a lot. Let's take a dive into the pool of new stuff that the iPhone 5 packs in.

Longer, thinner, and lighter
When it comes to the design of the new iPhone, it’s surprisingly thinner, longer, and lighter. Boasting a 4-inch screen with a resolution of 1136x640 pixels, iPhone 5 is quite different from its predecessors.

At 7.6mm, it is 18 percent thinner than iPhone 4S. It's also 20 percent lighter, weighing just about 112 grams.

According to Tim Cook, that makes the iPhone 5 the "world's thinnest and lightest smartphone" ever.

The rumors about iPhone 5 supporting LTE were right on. It now comes with Ultra Fast Wireless, that is LTE.

Battery life has been improved, although the change isn’t too ambitious. On 3G, you get a talk time of 8 hours, and can expect 225 hours of standby.

Coming to the iSight camera, it sports Saphhire lens and improved low-light performance with 1080p video recording. You can now take pictures even when you're recording a video. The FaceTime camera has also been bumped to 720p HD.

A new connector for iPhone & iPods
Another noticeable change that the new iPhone brings is a new connector. The old 20-pin connector has been replaced with a smaller and thinner connector called Lightning.

According to Tim Cook, that makes the iPhone 5 the "world's thinnest and lightest smartphone" ever.

It can be used reversibly and is supposedly more durable than the previous connector. The same connector was unveiled for the iPod family of devices.

The new smartphone pre-installed with iOS 6, which according to Tim Cook, was designed from scratch to take advantage of the new iPhone 5. Apple also unveiled a new line of iPod Nano and iPod Touch.

iPhone 5 will be up for pre-order starting September 14. It will retail at $199 for the 16GB version, $299 for 32GB, and $399 for 64GB respectively. Shipping begins five days later on September 21.