New Apple iPhone Formally Makes Debut

Following months of anticipation and speculation, Apple finally revealed its latest flagship handset, the iPhone 5S. The company's new iPhone 5S made its debut at a media event here Tuesday.

Like the iPhone 3GS and 4S before it, this year's "S" labeled handset is an iterative improvement over last year's iPhone 5. It's got improved processor specs, a better camera, and lightning-fast Wi-Fi. It has essentially the same chassis as the iPhone 5 — the new iPhone has a brushed aluminum backside and a Retina-quality display beneath the glass face. This time, its aluminum rear casing comes in three different hues: white, a slightly retooled "black" color that's now closer to slate gray, and a new gold offering.

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