iPhone

The Associated Press

SAN FRANCISCO – Not ready for a new iPhone? Don't worry. Many software features are coming to older iPhones as well.

Apple has said that its iOS 6 software will sport more than 200 new features, though some won't be available on all devices. The new features include an updated mapping service and better integration with Facebook.

Moments ago in San Francisco, Apple's Phil Schiller unveiled the latest incarnation of the company's massively popular smartphone.

The iPhone 5, said Schiller, is "the most beautiful product we've ever made."

Of course, you want to know what's different about this model: Essentially it's thinner, lighter, faster and also has a bigger screen than the iPhone 4s.

The device also comes equipped to work with faster wireless networks like LTE, which AT&T, Sprint and Verizon carry.

The AP adds:

Neerav Bhatt

There’s been growing speculation lately that Amazon has a smartphone in the works. But why?

It’s a crowded market out there in smartphone land. There’s a whole bunch of phones based on Google’s Android software, there’s the Microsoft Windows phone, and of course, Apple’s iPhone.

Also, a small sampling of people on a downtown Seattle street didn't show a whole lot of interest in an Amazon phone.