iPhone 5 launched: Apple redesigns New-Smarter and Faster

iPhone 5 launched: Apple redesigns its hit smartphone - Yahoo! News UK

The iPhone 5 also has LTE technology for surfing the web at 4G speeds.

Apple confirmed it will work with the UK's first 4G network, due to be launched this year by EE.

The iPhone 5 camera remains eight megapixel in quality but Apple has made enhancements to the lens in order to improve the overall appearance of snaps, especially in low light conditions.

The camera also allows for panoramic photos to be created by sweeping the handset from left to right. The iPhone will also tell you if you're moving it too fast to capture the best image.

The iPhone 5's A6 processor is twice as fast as the previous chip with twice the graphics performance.

Apple also launched a redesigned iTunes store and new iPods. The 7th generation iPod nano now has a bigger screen at 2.5 inches and is just 5.4mm thin - 40% thinner than what's come before.

Phone retailers predict that the new handset will be a smash hit.

Andrew Harrison, Carphone Warehouse CEO said: “We know that huge numbers of customers have held back from upgrading their smartphones in anticipation of Apple’s big reveal. Indeed, we estimate that up to 15% of mobile phone users in the UK will upgrade to a smartphone in the next 3 months and we predict that more consumers than any other handset launched this year will purchase the iPhone 5."