Apple Launches N183,000 iPhone 5s and N106,000 iPhone 5c

Apple today launched two new phones to its family, an iPhone 5s which is a major upgrade to the iPhone 5, and the cost-effective version of the iPhone 5, the iPhone 5c.

TimeTech reportsoth phones will launch simultaneously on September 20. Apple revealed the phones during a press event at its corporate campus in Cupertino, California on Tuesday afternoon.

Apple claims the iPhone 5S is up to twice as fast for both CPU and graphics and says the new A7 processor housed within includes over a billion transistors — twice as many as the A6 processor in the iPhone 5, while retaining the same footprint (iOS 7 has apparently been updated to take advantage of the new 64-bit architecture, too). The iPhone 5S will be available in black, gold or silver colors.

The iPhone 5S also includes something Apple calls an M7 motion co-processor, which keeps tabs on the device's accelerometer, gyroscope and compass. Apple says this will enable new types of health and fitness apps, such as a new Nike+ Move app that keeps track of how active you are.

As expected, the iPhone 5S will include a touch ID fingerprint sensor built into the Home button. It'll scan fingerprints in any orientation as well as sub-dermal fingerprint layers, and Apple noted you can use it to unlock your phone without a PIN or make iTunes purchases without entering a password. Lest you worry that data's being stored in the cloud, Apple confirmed it's not backed up or stored on Apple's servers, and that it's encrypted and locked within the A7 chip — it's not directly accessible by software.

Camera-wise, the iPhone 5S's aperture is slightly larger than the iPhone 5′s, the f-number dropping from f/2.4 to f/2.2 (lower is better). It'll also do auto image stabilization, allowing you to take multiple photos at once and combine the sharpest parts of each. You can now operate in Burst Mode (hold the shutter to snap up to 10 frames per second) or use a "SloMo" camera app that lets you shoot video at up to 120 frames per second at 720p.

The iPhone 5C, by comparison, includes Apple's older (but still powerful) A6 processor, an 8-megapixel camera, polycarbonate casing without seams or cracks, a higher battery capacity than prior iPhones and availability in multiple colors, including white, blue, yellow, red and green. It includes a front-facing FaceTime HD camera capable of taking sharper pictures. Apple's listing the unlocked pricing for the iPhone 5C on its website as $550(N90,000) (16 GB) and $650 (N103,000) (32 GB). Colorized custom cases will sell for $29, and the cases have holes in the back, allowing you to create a two-tone look if you prefer.