The technology world and the Apple fan world was buzzing yesterday after Apple announced the new iPhone 5. Every time Apple releases a new iPhone it becomes the best selling phone. Of course there are people who don't like the iPhone and didn't see what the big deal was yesterday. However, many out there are looking to upgrade and the iPhone 5 has some great features including a larger 4 inch screen. According to Engadget who got their hands on one:

The rest of the leaks, by and large, were proven correct. High-speed LTE is being included in an iPhone for the first time, and the new Dock Connector is indeed smaller. Arguably, that's the change that'll cause the most headaches for longtime iDevice users -- if you've purchased an automobile, a speaker dock, or any of the other zillion iReady products in the past half-decade, you'll need to pony up for an adapter to make things work properly.

Apple's made this one lighter than before, and while the outgoing flagship never really felt heavy, this one feels impressively light. After all, it's both taller and lighter. The display -- which meets sRGB color specification -- now has an integrated touch layer, and Apple's not holding back when it calls it the "world's most advanced display." Sure enough, it looks beautiful. Of course, displays across the industry have been becoming increasingly sexy to look at, and Apple's newest most certainly pops when you ogle it. Is it better than the 4S? For sure, but it doesn't make the 4S' panel look dated by any means. The anti-glare measures implemented are highly appreciated, too.

The new A6 chip, in typical Apple style, hasn't revealed itself in terms of raw tech specs. But at a glance, it's definitely quicker than the chip in the 4S. Much like the speed increases between the iPhone 4 and 4S (and before that, the iPhone 3G vs. iPhone 3GS), they won't take you by storm right away. But, use it for half an hour and you'll have a hard time going back to a slower chip. The transitions are smoother, switching between apps is a bit quicker and everything just generally feels incrementally faster.

Will you be buying the new iPhone 5? Let us know in today's LFN Poll of the Day.