Yesterday was a big day for the iPhone as Apple announced the new iPhone 4S at their "Let's Talk iPhone" media event. Here's a quick run-down of the state of the iPhone world now:

New iPhone 4S Announced

• Key Features over iPhone 4:
  • A5 Processor
  • Greatly improved optics and 8 MP Camera
  • 1080p Video Recording w/ image stabilization
  • Siri Voice Assistant
  • World Mode Phone (Works on both GSM and CDMA networks, as long as it's purchased/activated on a CDMA network, otherwise will only work on GSM)
• Available on AT&T, Verizon and Sprint
• Pre-Orders Start October 7
• Released October 14
• Pricing (w/ 2-year contract):
  • 16 GB - $199
  • 32 GB - $299
  • 64 GB - $399
• For more on the iPhone 4S see http://www.apple.com/iphone/

iPhone 4 and iPhone 3GS Pricing reduced

• 8GB iPhone 4 available on AT&T, Verizon, and Sprint for $99 with 2-year contract
• 8GB iPhone 3GS available on AT&T for Free with 2-year contract
• To compare features and capabilities for the entire iPhone lineup see http://www.apple.com/iphone/compare-iphones/

AppleCare+ for iPhone announced

• Provides same 2-year coverage as regular AppleCare for iPhone
• Also provides up to 2 replacements due to Accidental Damage, subject to a $49 service fee per incident
• $99 vs. $69 for regular AppleCare for iPhone
• Available at: http://store.apple.com/us/product/S4575?mco=MjU5MTk4Nzk

iOS 5 to be released on October 12 and supports:

• iPhone 3GS and later
• 3rd & 4th Generation iPod Touch
• iPad & iPad 2
• More information on the features and improvements at: http://www.apple.com/ios/

Looking ahead, there's little to no expectation of the iPhone 5 before the middle of next year, at the earliest. At this point the talk is that the iPhone 5 will be the LTE-capable update, but that current LTE chipsets require a 2-chip solution for the radios, and have significant battery-life issues. The earliest single-chip radio solutions aren't expected until early next year.