iPhone 5: The Smallest Thing that Happened to the iPhone since the iPod Nano.

The iPhone 4 was announced two years ago boasting a new retina display and speed comparable to that of an iPad. Its structure was designed from scratch, giving the iPhone 3GS a complete makeover. Moreover, after the release of the first iPad, the iPhone 4 seemed like a very attractive and reasonable upgrade. And then came iPhone 4S with its infamous and useless Siri, along with a enhanced camera.

One year later, Apple has released its next big product: iPhone 5. The biggest question on everyone’s mind is this one: is it worth investing in? Our answer to the million dollar question is a big, fat no. 

First, the extended screen is not a valid reason to buy iPhone 5. If you don’t already have one, today’s launch is godsend; go pick one up. But for existing iPhone owners, stuff the cash back into your wallet. .5 inches does not make a noticeable difference in terms of the experience you would get from any of the older models. Sure, having 4 extra icons on a page may seem tempting, but  that doesn’t justify shelling out a couple of benjamins for an upgrade.

Second, the new camera can shoot 1080p video and imagery. How does this significantly differ from the camera you already own? It does not. But the panoramic feature is so different! Actually, the Appstore has had apps that could capture panoramic photos, since 2010.

Third, iOS6 is completely free to all those who own an apple device. This means that all the new software you see in Passbook and Maps automatically comes with your iPod when you install the new operating system. That’s right. Even Siri, once an exclusive perk of the previous iPhone, is coming to the iPod. If you’re wondering whether your iPhone 4S has just lost all of its charm, you’re right – all software is compatible with your iPod, iPhone, iPad, etc. Moreover, iOS6 is not unique to the iPhone 5.

Conclusion: The iPhone 5, despite its sleek and sexy design, is not worth the hefty price tag of an upgrade. All the software features of iPhone 5 is available on all apple devices and the hardware upgrade is marginal at best. First time iPhone buyers, however, should take the plunge because it is a terrific reason to fall in love with Apple.