iPhone 5 Revealed; 'World's Thinnest Smartphone'

After months of rampant rumors and hype, Apple debuted the company’s latest smartphone today, claiming it is the world’s thinnest.The iPhone 5 features a larger screen and weighs 112 grams, or about 4 ounces, which is 20% lighter than the iPhone 4S. It is also 18% thinner, Apple said.

Apple Inc will begin taking orders for the iPhone 5 on Friday, costing $199 for the cheapest 16 gigabyte version to $399 at the top end.

Shipments begin on Sept 21, and the smartphone will be sold in 100 countries by the end of the year.