First Look: The iPhone 5 [VIDEO]

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First Look: The iPhone 5 [VIDEO]

[brightcove video="1836656346001" /]

Apple unveiled the iPhone 5 Wednesday morning at an event in San Francisco.

The updated handset has a larger screen, faster processor, LTE connectivity and an improved built-in camera. It's all packed into a device that's even smaller than the previous iPhone 4S.

Mashable Editor-in-Chief Lance Ulanoff got up close and personal with Apple’s newest smartphone shortly after Tim Cook unveiled it Wednesday afternoon. Check out his first look at the handset in the video above.

The iPhone 5 goes on sale Sept. 21 in the U.S., Canada, Japan, the U.K., Germany, France, Australia, Hong Kong and Singapore. It has similar pricing to its predecessors, starting at $199 for 16GB of storage with a two-year contract, and there are 32GB and 64GB models available for $299 and $399, respectively. Pre-orders start Sept. 14. Apple says the phone will be available in 100 countries on 240 wireless carriers by the end of the year.

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