Live update from Apple’s iPhone event

I’m at Apple’s and will be bringing you live updates throughout this morning’s announcements. Updates are posted in reverse chronological order.

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Okay, that’s it.

Elvis is telling stories between songs. Very funny guy.

Nice, just Elvis and an electric guitar.

Elvis Costello is here to sing

He is reviewing the announcements made today.

Tim is back on stage.

iPhone 5C pre-order Sept 13. Sept 20 you can buy.

iPhone 4S 8GB will remain in the line-up. Some carriers will offer for free.

16GB $199, 32GB $299, 64GB $399 with a two-year contract.

You can also use it to authenticate to make purchases from the App Store.

It’s easy to teach the iPhone about your fingerprint.

The sensor is right in the Home Button.

Touch ID is a new tech that reads your fingerprint.

Half of smartphone customers don’t setup a password.

I hope it takes better low-light pics.

Slo-Mo: Create scenes with slow motion. You just pick the parts of the video you want to be slow motion and it looks seamless.

Burst Mode: Auto picks the best ones, although you can choose the ones you want.

Auto Image Stabilization: Takes multiple photos and pieces together the best parts of the pictures.

There are two flashes on the iPhone now that can adjust for color conditions.

True Tone Flash

The pixels are actually bigger, but Phil says that let’s in more light and makes for a better picture.

Camera system: 5 element apple-designed lens.

Battery Life: 10 hours 3G talk time.

M7 gives developers more ways to tell if you’re moving and to use that data for apps.

M7 is a motion coprocessor. Takes information from the Accelerometer, gyroscope and compass.

Impressive demo of graphics performance.

Having a demo from Epic Games. Infinity Blade 3

CPU performance from first iPhone to today is 40x more powerful.

A7 is up to 2x as fast as previous generation.

iOS 7 is also 64-bit.

A7 has over 1 billion transistors.

Powered by A7 64-bit chip. The first ever in any phone.

Gold, silver and black.

iPhone 5S is the most forward-thinking anyone has made.

Showing a video of Jony Ive talking about the design on the new iPhone 5C. I love listening to Jony talk about design.

iPhone 5C is plastic.

$99 for 16GB, $199 for 32GB with two-year contract.

FaceTime audio is now available too.

Powered by A6 and has an 8MP camera.

Five colors: Blue, Green, Pink, White and Yellow.

Custom cases for the 5C from Apple

Showing a video of the 5C

iPhone 5C. All the tech that customers love about iPhone 5.

Phil Schiller is on stage.

This year we are going to replace the iPhone 5 with not one, but two new designs.

iPhone 5 took our business to a new level.

Here we go, iPhone.

Includes the 5th generation iPod touch.

iWork, iPhoto and iMovie are now free with any new iOS device.

iWork, iPhoto, iMovie—no other platform has apps like these.

iWork is the best-selling mobile productivity app on any platform.

Tim is back. Talking about iWork

iOS 7 is free on Sept. 18.

Over 200 features in iOS 7.

The year view for photos looks cool.

He’s going through these features pretty quick. I get the feeling iOS 7 isn’t going to take up much time today.

Overnight, hundreds of millions of people will download iOS 7. He’s showing us what’s in store for users with new features.

Craig is talking about iOS 7

The new Stanford store looks amazing.

Turning the attention to retail.

Tim is showing a video of iTunes Festival setup and how they got everything ready.

Of course, the concerts are live streamed around the world too.

20 million people applied for tickets to iTunes Festival.

Talking about the iTunes Festival. I agree it was an amazing event.

Says he’s excited to show us some things.

Tim is here.

Everyone is seated. It looks like we’re ready here.