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In a widely anticipated event, Apple announced the 5G version of its iPhone, as well as several other new products.

The Cupertino, Calif.-based tech giant unveiled the iPhone 12, iPhone 12 mini, iPhone 12 Pro and iPhone 12 Pro Max, allowing for faster and more immersive activities.

"Today is a new era for iPhone, we're bringing 5G to iPhone," Apple CEO Tim Cook said. The 59-year-old exec added that 5G networks are more advanced and faster. 5G helps with privacy, as users won't have to connect to Wi-Fi hotspots as often, Cook added.

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Verizon CEO Hans Vestberg, who was also part of the unveiling, said the telecom company was unveiling its 5G nationwide network, available to approximately 200 million people across the country.

The iPhone 12 will come in black, white, Product (RED), green and blue. It will also have Apple's A14 Bionic 5-nanometer chip, a triple camera system and only uses 5G when it's necessary to save battery life.

The new smartphone also has built-in magnets on the back and allows for a MagSafe wireless charger. As expected, Apple's iPhone 12 lineup will not come with EarPods or a power adaptor, which Apple said was for environmental reasons.

The iPhone 12 has a 6.1-inch screen and will start at $799. The iPhone 12 mini, which has a 5.4-inch display in a 4.7-inch model, starts at $699, Apple added.

Apple's higher-end iPhones, the 12 Pro and 12 Pro Max, will have screen sizes of 6.1-inches and 6.7-inches, respectively. Both phones will also have a four-camera configuration and come with a LIDAR sensor, which first appeared in the iPad Pro released earlier this year.

Both iPhone 12 Pro models will come in silver, graphite, gold and Pacific blue colors. The iPhone 12 Pro and 12 Pro Max will start at $999 and $1099 for the 128 GB models, respectively.

Apple said the iPhone 12 and iPhone 12 Pro are available for pre-order on Oct. 16 and the iPhone 12 mini and iPhone 12 Pro Max are available for pre-order on Nov. 6.

In addition to the new iPhone, Apple also showed off a cheaper version of its HomePod smart speaker, known as the HomePod mini.

HomePod mini. (Credit: Apple)

"This year, our homes have become even more important in our daily lives," Cook said during the presentation, adding that Apple has a three-pronged approach for its home-based products: easy to use, secure and work better with other Apple products.

The HomePod mini is wrapped in mesh fabric and illuminates when Siri is requested, Bob Borchers, Apple's VP Product Marketing said during the presentation. It has an S5 chip and computational audio for better sound.

The HomePod mini will come in white and space grey and will cost $99. It will be available for pre-order starting Nov. 6.

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The unveiling of the new iPhone comes after Apple announced several new products last month, including new versions of the Apple Watch, iPad and a new fitness app.

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