Apple reveals lighter and faster iPhone 5

Exciting news for die-hard Apple fans! Apple has just released iPhone 5, which its chief executive Tim Cook described as "the biggest thing to happen to iPhone since the iPhone."

The new version is lighter, thinner and more powerful, Bloomberg reported.

Intended to design the best phones and integrate technologies to make the most fantastic packages, Tim Cook does not view Apple's products only "as a checklist of features," The New York Times quoted.

According to The New York Times, the new iPhone has a longer screen, which is four inches. It has a stronger chip that enables the user to gain access to Wi-Fi faster. It has an anodized aluminum that makes the new iPhone 18 percent thinner and one-fifth lighter. 

Customers will be able to place orders for iPhone 5 on Sept. 14, South China Morning Post reported. Shipments will begin on Sept. 21 in the United States, Canada, Britain, France, Germany, Australia, Hong Kong, Singapore and Japan. For the rest of the world, iPhone 5 will be available by the end of the year.

Launched in San Francisco, Apple marketing Chief Phil Schiller described iPhone 5 as “an absolute jewel.” “The software and engineering that went into this product is the most challenging our team has ever taken on." Schiller said in the event.

"Only Apple could create such amazing hardware, software and services and bring them together. Apple has never been stronger," Cook said at the event.

Apart from iPhone 5, Apple also unveiled a new version for iTunes music, film and TV series store, according to The Guardian.

An analyst at Boston-based Yankee Group, Carl Howe, predicted that Apple will sell more than 10 million by the end of September. The new iPhone is expected to be the fastest selling consumer electronics device in history in the entire $219.1 billion smartphone market, Bloomberg reported.

Image: Cnet