Well, the big announcement has been made and Apple has left a lot of people disappointed. Many people were under the impression that today's press event was going to be in honor of the iPhone 5 announcement, but instead were told that Apple will be releasing the iPhone 4S.

The device will feature a retina display and dual-core processor that will make the phone twice as fast as its predecessor.  The new camera inside the 4S will have an 8-megapixel sensor which is 60% more pixels than the iPhone 4 sensor.

The video recording system will use video image stabilization in real time.  The phone will also offer 8 hours of talk time on 3G and 14 hours of 2G talk time.

For more on the iPhone 4s click here.