Apple has officially announced that the iPhone 5 will be unveiled at a special event on September 12. uspected features include a thinner, taller iPhone with a 4-inch display – which abandons the 4:3 aspect ratio for one more like an HDTV. Rumors suggest Apple will start taking iPhone 5 pre-orders after the event wraps up – offering consumers the chance to lock in a release day delivery. While Apple is not confirming this, rumors point to a September 21 iPhone 5 release date.