LTE capable iPhone 5 is 8 percent thinner and 20 percent lighter than iPhone 4S.The new iPhone has 4-inch Retina display, an A6 chip and mobile operating system iOS 6 with over 200 new features.

iPhone 5 comes in either white & silver or black & slate, and will be available in the US for a suggested retail price of $199 (US) for the 16GB model and $299 (US) for the 32GB model and $399 (US) for the 64GB model.

iPhone 5 specification details are as below

Wireless Capability

• GSM model A1428: UMTS/HSPA+/DC-HSDPA (850, 900, 1900, 2100 MHz); GSM/EDGE (850, 900, 1800, 1900 MHz); LTE (Bands 4 and 17)
• CDMA model A1429: CDMA EV-DO Rev. A and Rev. B (800, 1900, 2100 MHz); UMTS/HSPA+/DC-HSDPA (850, 900, 1900, 2100 MHz); GSM/EDGE (850, 900, 1800, 1900 MHz); LTE (Bands 1, 3, 5, 13, 25)
• GSM model A1429: UMTS/HSPA+/DC-HSDPA (850, 900, 1900, 2100 MHz); GSM/EDGE (850, 900, 1800, 1900 MHz); LTE (Bands 1, 3, 5)
• 802.11a/b/g/n Wi-Fi (802.11n 2.4GHz and 5GHz)
• Bluetooth 4.0 wireless technology

Size & Weight

• Height: 4.87 inches (123.8 mm)
• Width: 2.31 inches (58.6 mm)
• Depth: 0.30 inch (7.6 mm)
• Weight: 3.95 ounces (112 grams)

Display

• Retina display
• 4-inch (diagonal) widescreen Multi-Touch display
• 1136-by-640-pixel resolution at 326 ppi
• 800:1 contrast ratio (typical)
• 500 cd/m2 max brightness (typical)
• Fingerprint-resistant oleophobic coating on front
• Support for display of multiple languages and characters simultaneously

Camera & Video

• 8-megapixel iSight camera
• Panorama
• Video recording, HD (1080p) up to 30 frames per second with audio
• FaceTime HD camera with 1.2MP photos and HD video (720p) up to 30 frames per second
• Autofocus
• Tap to focus video or still images
• Face detection in video or still images
• LED flash
• Improved video stabilization
• Photo and video geotagging

Battery

• Built-in rechargeable lithium-ion battery
• Charging via USB to computer system or power adapter
• Talk time: Up to 8 hours on 3G
• Standby time: Up to 225 hours
• Internet use: Up to 8 hours on 3G, up to 8 hours on LTE, up to 10 hours on Wi-Fi
• Video playback: Up to 10 hours
• Audio playback: Up to 40 hours

Audio

• Audio formats supported: AAC (8 to 320 Kbps), Protected AAC (from iTunes Store), HE-AAC, MP3 (8 to 320 Kbps), MP3 VBR, Audible (formats 2, 3, 4, Audible Enhanced Audio, AAX, and AAX+), Apple Lossless, AIFF, and WAV
• User-configurable maximum volume limit

Video, TV

• AirPlay Mirroring to Apple TV support at 720p
• AirPlay video streaming to Apple TV (3rd generation) at up to 1080p and Apple TV (2nd generation) at up to 720p
• Video formats supported: H.264 video up to 1080p, 30 frames per second, High Profile level 4.1 with AAC-LC audio up to 160 Kbps, 48kHz, stereo audio in .m4v, .mp4, and .mov file formats; MPEG-4 video up to 2.5 Mbps, 640 by 480 pixels, 30 frames per second, Simple Profile with AAC-LC audio up to 160 Kbps per channel, 48kHz, stereo audio in .m4v, .mp4, and .mov file formats; Motion JPEG (M-JPEG) up to 35 Mbps, 1280 by 720 pixels, 30 frames per second, audio in ulaw, PCM stereo audio in .avi file format

In addition, iPhone 5 comes with iOS 6 most advanced mobile operating system with over 200 new user features including: an all new Maps app with Apple-designed cartography, turn-by-turn navigation and an amazing new Flyover view; Facebook integration for Contacts and Calendar, with the ability to post directly from Notification Center; Passbook, the simplest way to get all your passes in one place; new Siri features, including support for more languages, easy access to sports scores, restaurant recommendations and movie listings; Siri and Facebook-enabled apps like Photos, Safari and Maps; and Shared Photo Streams via iCloud.