UPDATE: We have added more pics, including the iPhone 4S and iPhone5 next to each other + hi-res pics of the iPhone 5 in use.

It’s all happening so fast I might need a little lie down. Here they are, they first pictures of the iPhone 5. Click to see them. It’s the thinnest smartphone…. wait for it…. EVER!

According to Engadget:

Today at its iPhone launch event, Apple announced yet another piece of hardware: the fifth-generation iPod touch. As rumored, it has a 4-inch display, the same 326 ppi panel used on the new iPhone 5. On the inside, it packs an A6 chip promising seven times the graphics performance of the last-gen model. The battery is rated for 40 hours of music playback, or eight hours of video. The rear camera has also gotten an upgrade: it’s now a 5-megapixel shooter with a backside-illuminated f/2.4 lens. (The front camera is 720p.) That main rear camera also now shoots 1080p video, and Apple has also added image stabilization. And yes, it supports the same panorama shooting feature as the iPhone 5. [more]

Click here to see the differences between the iPhone 4s and the iPhone 5.

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[source:bizinsider]