Apple announced their much anticipated iPhone 5 smartphone today, confirming that it was indeed the same design as has been appearing in leaked photos throughout the run-up to today’s launch. It goes on pre-sale via the Apple store on September 15, 2012, starting at $199 for the 16GB model, up to $399 for the 64GB version, most likely with a 1 or 2 year contract. Pre-orders will ship the following Friday, September 22.

What This Means to You:

The new iPhone 5 is lighter, thinner and larger than the previous model, the iPhone 4s, (which will now be available for the discounted price of $99). It has a faster CPU, a larger screen (with numerous technical improvements), a better front and back camera, but most importantly, it has a new hardware connector, dubbed “Lightning” that is 80% smaller than the current 40-pin connector that has been in use for years.

It’s probable that the larger case manufacturers have had early access to prototypes of the new iPhone, so you can expect at least a handful of cases will be available for purchase around the time the iPhone 5 ships, but Apple doesn’t anticipate Lightning-compatible accessories to be available until Christmas 2012. Until then, an adapter is available that will allow you to connect iPhone 5’s to “legacy” 40-pin accessories. Keep in mind that the adapter by itself will probably render dock-style accessories unusable with an iPhone 5, as it looks rather large and flimsy.

(Image courtesy of www.gdgt.com)