Apple's iPhone 5 Revealed! See Our 5 Favorite Covers

iPhone 5
Photo: Justin Sullivan/Getty

Apple finally revealed the long-awaited iPhone 5 this afternoon at a conference in San Francisco! In line with predicted changes, the body of the phone is flatter, bigger, and lighter—18 percent thinner and 20 percent lighter than the iPhone 4S, the most recent model—while added techy tools include retina display and an upgraded eight-megapixel camera that can take panoramic photos (which will just make Instagram that much more awesome), according to CBS News. Tell us: will you be upgrading to a new iPhone?

Plus, see some of our favorite iPhone cases!

MORE:iPhone Cases Inspired by the RunwayRebecca Minkoff's Tech AccessoriesOur Designer Obsessions

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