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Apple’s next-generation iPhone 5 launches on September 21st starting at $199 on contract. Preorders begin this Friday, September 14th.

Nano and Touch are available in October

So it’s finally here! After months of rumors, photos and leaks, Apple dropped their latest iPhone!

Apple unveiled its sleeker iPhone 5, and if you’ve been following the leaks ahead of time, there are no big surprises. Some highlights:

It is the thinnest and lightest iPhone yet (0.3 inches thick and 4.3 ounces). The phone is made entirely of aluminum and glass.

The screen is 4 inches diagonally, up from 3.5 inches on the 4S.

New noise cancellation technology with three microphones. Two mics seemed to work fine on the iPhone 4S, but apparently three isn’t a crowd. We’ll see how the new tech performs when we review the iPhone 5 later this month.

Better battery life. Industry watchers and consumers alike were worried that the addition of 4G LTE might hurt battery performance, but Apple says the new iPhone 5 battery will last even longer than the one used in the iPhone 4S.

Better camera. The iPhone 4S has one of the best cameras we’ve ever seen on a smartphone but according to Apple, the camera on the iPhone 5 is even better. It still captures 8-megapixel images but it now takes better low-light photos and it provides 40% faster photo capturing as well. Apple also said the camera can take still shots while recording HD video, and it now includes a built-in panorama mode.

The price is $200 for 16GB with a two-year carrier contract, $300 for 32GB, and $400 for 64GB. Preorders start Friday and shipping starts on Sept. 21.

It will work on 4G cellular networks (LTE) and be supported by Sprint, Verizon, and AT&T. In addition to faster WiFi, the phone has a faster processing chip and, supposedly, better battery life with 8 hours of 3G talk time, 8 hours of LTE or 3G browsing, or 10 hours of WiFi browsing, 225 hours of standby time.

To make room for its latest iPhone, Apple announced new prices for the rest of the line — and it appears the iPhone 3GS isn’t part of the mix. Cupertino followed asimilar strategy to what it used last year, with the 16GB iPhone 4S dropping to $99 with a two-year contract, and the 8GB iPhone 4 now available for free when subsidized by a mobile carrier. It’s an improved value over last year’s price drop, however, whether both of the two low-cost models were stuck at 8GB of storage.

Apple also updated it’s iTunes. It will feature a simplified user interface, iCloud integration, and a new mini player. Company executives said the design overhaul would make iTunes easier to navigate, and improve performance.

We’re not done yet, Apple also announced a new Nano…Fitness and pedometer apps built in. Integrates with Nike+ out of the box& Bluetooth. It’s 5.4mm thick, 40% thinner than the 6th-gen iPod nano. Display is 2-inch, multi-touch.

And why not launch a new iPod Touch too! Bigger screen, 5th generation model — looks a whole lot like the old one from the front, except with the larger screen found on the iPhone 5. 6.1 mm thick, 88 grams. Thinnest and lightest iPod touch yet. 7x faster than the previous model when it comes to graphics, gets 40 hours of music, 8 hours of video.

Oh yeh, we can’t forget the new EarPods…they’ll be included with new iPhone 5, Nano &; iPod Touch.

Apple’s next-generation iPhone 5 launches on September 21st starting at $199 on contract. Preorders begin this Friday, September 14th.

You want any of the new Apple products?

via BlackMediaScoop