Apple announced the thinnest (7.6 mm) and lightest (112 grams) iphone 5 operates on iOS 6. Features 4 inches touch display, A6 chip, 4G LTE network support, upgraded Wi-Fi, panoramic 8-megapixel camera, improved speakers, greater battery life and a new dock and connector. Pricing starts at $199 for 16 GB, 32 GB for $299 and $399 for 64 GB respectively with 2 years contract. Pre-order starts from September14th. Shipping starts Sept. 21 in US, Canada, and several other countries.