The all-new iPhone 5

The new iPhone 5 boasts of a bigger screen and of being the world's thinnest smartphone. It reportedly costs $199 for a two-year locked-in phone plan in the U.S. Local price has yet to be announced.

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Apple Senior Vice President of worldwide product marketing Phil Schiller announces the new iPhone 5 during an Apple special event at the Yerba Buena Center for the Arts in San Francisco, California
Apple Senior Vice President of worldwide product marketing Phil Schiller announces the new iPhone 5 during an Apple special event at the Yerba Buena Center for the Arts in San Francisco, California