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Will iPhone 5’s New Features Lure Consumers?

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    FBN’s Robert Gray on the latest smartphone announced by Apple.

  • Duration 1:40
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Apple unveiling the much anticipated new iPhone it's thinner and lighter than the previous model and it has a bigger -- IPhone 5 as the Retina Display the same 326.

Pixels courage.

And it is a stunning display in -- -- Every iPhone to -- have had a 3.5 inch screen.

But the new screen -- iPhone 5 -- -- four inch display.

The iPhone 5 also works with fourth generation or four G data networks.

Many Smartphones made by Samsung and Apple's other rivals already have that capability.

In the US we have.

Great partners were working with AT&T.

Verizon and sprint to support LT young -- 5.

The announcement comes as competition intensifies.

Google's Android has become the most use mobile operating system in the world.

And Samsung has taken the lead in Smartphones sales.

Analysts are predicting ten million sold in the first three weeks which is they're saying something about point 5%.

Of US is GDP.

Is is hinging on -- -- which is pretty incredible thing.

Apple has sold more than 240 million iphones it's the first one came out in 2007.

The new iPhone will cost the same as the iPhone four S did when it debuted a year ago starting at a 199 bucks -- sixteen gigabytes that's with a two year contract.

Apple begin taking pre orders for the iPhone 5 this Friday and it will be available in stores next Friday September 21.

In San Francisco I'm Robert Gray Fox Business.