iPhone 5S Release Date, Price and Specs Announced by Apple, TouchID Fingerprint Sensor Confirmed

The iPhone 5S release date will be on Sept. 20, according to an announcement made by Apple today.

The new smartphone will be available in three colors, gold, silver and black, and will cost $199 for 16GB, $299 for 32GB, and $399 for 32GB.

The iPhone 5S will come with a new A7 processor and will be the world's first true 64-bit smartphone. Apple stated that it is five times faster than its predecessor the iPhone 5, and will run the newly unveiled Infinity Blade 3 app with absolutely no lag.

The device will also feature the new M7 motion sensor chip which will be able to detect if the user is walking or driving and will work with apps related to the function being performed at a given time. The chip continuously measures motion data, comes equipped with an accelerometer, gyroscope and compass, and will be useful for a new generation of health and fitness apps.

The new iPhone 5S will also feature a battery life greater than what was found on the previous model: 10 hours of talk time, Wi-Fi or LTE browsing, and 250 hours of standby time.

The camera will also be greatly improved on the new iPhone 5S. It will automatically set the white balance and exposure before users even snap a picture. It features a Dynamic Local Tone Map that has Autofocus matrix metering. When a user takes a photo, multiple pictures will be captured and the device will produce the best possible one out of the lot.

True Tone Flash will also help  the camera on the iPhone 5S as it will improve the color and lighting when the flash function is used on the device's camera. Apple showed examples of it during the event and it seemed to provide users with a more authentic look in their photos of others.

The long-rumored fingerprint sensor also made it to the iPhone 5S in the form of TouchID.

TouchID can read the fingerprints of users at very detailed levels. The sensor is installed underneath the home button. By pressing the home button, the phone can be unlocked when it reads the user's prints. Thumbprints can be used to purchase items. The home button has been redesigned and features a sapphire cover with a metal ring that senses mutiple fingerprints.

Customers can pre-order the iPhone 5S as early as Friday, Sept. 13.

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