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The biggest changes to the new iPhone 5 are external. It’s lighter, thinner and longer than its predecessor, the iPhone 4S.

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Apple claims the new iPhone is the thinnest smartphone in the world, at 7.6 millimetres thick.

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The phone is also about 20 per cent lighter than its predecessor, weighing 112 grams.

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The phone is longer than the iPhone 4S – long enough to make room for a fifth row of icons on the home screen.

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The iPhone 5 will handle LTE or 4G technology — faster than most existing networks.

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In most ways, the iPhone 5 is an improvement over its predecessor – but only slightly.

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The battery lasts longer, the processor is more powerful and the camera includes a swpping “panorama” mode.

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The iPhone 5 uses a new, slimmer connector., ending the model used by the company in its products for the past nine years. Apple says it is building an adapter.

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The iPhone 5 comes in black or white.

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According to Apple, the companion iOS 6 software will be available on Wednesday next as a free update.