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iPhone 5: What's New

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) unveiled its iPhone 5 on Wednesday to much fanfare, ending months of speculation.

There had been speculation over what Apple would call the new iPhone until the company accidentally leaked the name of the new device earlier Wednesday in search terms on its Web site.

Even still, there are several new features which are sure to get tech pundits and consumers excited about the new phone, which is available Friday for pre-order. It will officially go on sale Sept. 21.

"It's an incredibly quick start," said Phil Schiller, the company's senior vice president of marketing. "This will be our fastest phone rollout ever."

Apple iPhone 5: Live-Blog Recap

Here's a list of the iPhone 5's most important new features:

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