Apple Announces iPhone 5: Larger, Faster, 4G LTE

Source: CBS News

Apple announced the iPhone 5 Wednesday at the Yerba Buena Center in San Francisco. Rumors leading up to the highly anticipated smartphone were at fever pitch.

Apple chief executive officer Tim Cook started off the event saying, “We’ve got some really cool stuff to show you.” Cook continued by giving updates on Apple Stores, MacBooks, OS X Mountain Lion and iPads.

Apple senior vice president Phil Shiller took the stage to introduce the iPhone 5.

“It’s an absolute jewel,” Shiller said. For the most part, the iPhone 5 looks like previous models, but taller and thinner.

To read this article in its entirety visit CBS News.