iPhone 5 is here. But is it worth the money to upgrade from the iPhone 4S? Check out the specs and decide for yourself.Apple on Wednesday unveiled a thinner, taller, faster iPhone 5 at a highly anticipated event in San Francisco.
The device, which is 18% thinner and 20% lighter than the iPhone 4S, is the thinnest smartphone in the world, according to Apple. With a four-inch screen, the iPhone 5 allows for five rows of apps -- one more than previous versions of the device, which sported a 3.5-inch screen.
Apple said the iPhone 5's processor speed is twice as fast as the previous version, an advance made possible by the company's new "A6" chip.
The iPhone 5 is also the first Apple smartphone to have 4G-LTE network connectivity, which allows for speeds of up to 10 times faster than 3G, or about the same as the average home broadband connection. In the United States, the iPhone 5 will be compatible with the LTE networks supported by Verizon (VZ, Fortune 500), AT&T (T, Fortune 500) and Sprint (S, Fortune 500).
The new smartphone features an improved "iSight" camera, with a better ability to take low-light photos and a new mode that allows for panoramic shots. It also allows users to take photos while shooting videos -- an increasingly popular feature found on rival smartphones.