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Apple's iPhone 5: To Buy or Not to Buy?

New features like a longer screen, new adapter offer pros, cons for consumers eager for a new phone.
3:00 | 09/13/12

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Transcript for Apple's iPhone 5: To Buy or Not to Buy?
Big day for another american iconic company, the richest in the world. Apple unveiled the brand-new iphone 5 yesterday. Is it really better than all of the other smartphones out there? Neal karlinsky takes a look. Reporter: The iphone 5 launch came with all of the fanfare and none of the surprise. Iphone 5. Reporter: From the longer screen to the thinner and lighter body. Even the new headphones called ear pads. Bloggers and reporters had photos of all of them, dead-on photos, ahead of time. The world has changed. We're so interconnected. A lot of people feel there's a lot to gain by leaking out a little information. Reporter: Even with the unprecedented leaks, the chosen few who got a chance to put their hands on apple's latest liked what they're were seeing. It does work in a way that many tech journalists say is more streamlined, more efficient, and more elegant. Faster processor. Faster speeds of lte. And also, a better camera. Reporter: Iphone users love their gadgets. But one thing that will annoy a lot of people is a new connector at the bottom. Get ready to throw out all of the old plugs or buy an adapter. Now, the world's richest company. The phone makes up an estimated 60% of apple's revenue. Beyond that, its sales are so mind bogglingly huge, it could push the nation's gross domestic product. I would not be surprised if apple sells over 10 million of these phones in the next couple months. Reporter: What's next? If you believe the hype, a newer, smaller version of the ipad could be right around the corner. For "good morning america," neal karlinsky, abc news, san

This transcript has been automatically generated and may not be 100% accurate.

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