iPhone 5s Specs: Price, Fingerprint Sensor, and All You Need To Know About Apple's Latest Device

Apple released its newest phone, the iPhone 5s today. It will have a significantly updated camera and fingerprint sensor.

The iPhone 5s will be available in silver, gold, and "space gray" color options. It includes a redesigned home button, and comes with a Apple A7 processor, 64-bit.

iPhone 5s in 16GB is $199, the 32GB is $299, the 64GB is $399 with 2-year contract. There will be a Friday, September 13th pre-order available, and full sale will go forward September 20th.

The latest device is 40 times faster than the first iPhone. iPhone 5S is made of a high-grade aluminum, “It is the gold standard in smartphones," Apple said.

Among updates, a fingerprint scanner will be built into the home button, called "Touch ID."

You can touch to unlock the phone or to authenticate identity to make purchases. Apple bought a fingerprint-reading company called AuthenTec. 

The iPhone 5S also has significant updates to its camera. An f.2.2 aperture will allow for more natural and crisp images. There is also a dual-LED rear-camera flash, which will also help improve photos that are taken in low light.  Slow motion imaging technology is also available in the new model.