iPhone 5 has the slimmer design than its previous versions which is 18% thinner.It is made completely with Glass and aluminium with 4 inch retina display screen.The aspect ratio 16:9 which means the device is more handy to use and hold.
The new A6 processor chip is two times faster and 22% smaller than its previous version A5.
The inbuilt 8 Megapixel camera was pretty much upgraded with backlight illumination and provides faster response times.The panorama feature in camera app can snap cool panoramic images.
Instead of usual two iPhone 5 has three microphone in front,back and bottom.
This phone uses the new type of connector called lightning connector that acts as intermediate for 30 pin dock connector.
iPhone 5 will be priced at $199,$299 and $399 for 16Gb,32Gb and 64 GB respectively.Pre-order starts from September 24th so that you can get your phone by 21st september.
More specs at Apple website