The worst-kept secret of 2012, the iPhone 5, is finally out of the bag. With its 4-inch Retina display, A6 processor, improved camera and other goodies, the new iPhone is sure to be another Apple blockbuster.\n\tBut what will the new hardware mean to iPhone 5 owners? Here are a few things to expect.\n\tA Lot of Black Borders\n\tThe iPhone 5\u2019s 4-inch display is a bump up from existing iPhone (and iPod touch) 3.5-inch screens, and apps will need to be revised to take full advantage of the larger display.\n\tApple's native apps, as well as its iWork and iLife apps, have been optimized to take advantage of the iPhone 5\u2019s bigger screen real estate. Apps that haven\u2019t been revised\u2014which will be the vast majority, at least initially\u2014will be surrounded by black borders\u00a0on the iPhone 5's display, not unlike a letterboxed, widescreen movie on your TV.\n\tiPhone Apps that Look a Bit Like iPad Apps\n\tApps optimized for 4-inch screens can display more interface elements, graphics and other information than 3.5-inch-native apps. For instance, the iOS Calendar app in landscape on an iPhone 5 displays five days instead of just a bit more than the three days you see on current iPhones. On an iPad, the Calendar app shows all seven days in landscape mode.\n\tAt the iPhone 5 unveiling, Apple showcased new versions of the CNN and OpenTable iPhone apps. The blog Marketing Land posted some before-and-after pics of OpenTable. The pictures show that when using the "Find a Table" feature, OpenTable on the iPhone 5 displays specific restaurant photos to choose from\u2014something the 3.5-version app doesn\u2019t do\u2014as well as the location, date and time, and party-size search fields, which are all you see in the current iPhone version of OpenTable.\n\tLess Flicking Around to Find Apps\n\tThanks to the larger display, the iPhone 5 will have a fifth row of app icons on home screens. iPhone 5 users will be able to put more of their must-have apps on the home screen without having to put them into folders\u2014for some reason, I truly dislike using folders on the iPhone.\n\tFaster Web Browsing and App Launching\n\tAt the iPhone 5 event, Apple\u2019s Senior Vice President of Worldwide Marketing, Phil Schiller, said the iPhone 5\u2019s new A6 chip will help Web pages load twice as fast. No doubt the iPhone 5\u2019s 4G\/LTE radio will speed up Web surfing, too.\n\tSchiller said everything will be twice as fast as before on an iPhone 5, including launching apps. That\u2019s a good thing. When I need an iOS flashlight app to help me find the keys I dropped in a movie theater, I don\u2019t want to waste time. \u00a0\n\tMore Color Saturation and an Easier Time Looking at Apps Outside\n\tThe iPhone 5 has touch sensors integrated into its display, which Schiller said will result in sharper images, 40 percent more color saturation and less glare in direct sunlight. I\u2019ve had to duck into a shady spot countless times to read my iPhone screen outdoors, so I\u2019m hopeful, and just a bit skeptical, about the "less glare" part. (Then again, I\u2019m drawn to shady spots.)\n\t\u2018Console-Quality\u2019 Gaming\n\tSpeaking of images, the A6 chip will let developers create games that rival console games, Schiller said. Case in point: Electronic Arts' Real Racing 3, which the company showed off at the iPhone 5 unveiling. The game includes such graphic details as functional rearview mirrors, and it will offer "console-quality" graphics, according to an EA spokesperson.\n\tAwesome Panoramic and Low-Light Photos\n\tThe iPhone\u2019s upgraded, eight-megapixel rear-facing camera, along with the A6 chip\u2019s new image-signal processor, will help shutterbugs capture great photos, even in low-light situations, according to Apple. A new Panorama feature\u2014variations of which have been available on other phones and digital cameras for quite some time\u2014will make it easy to capture full 360-degree images.\n\tA lingering question: Will the iPhone 5\u2019s LED flash cease to make people look like those yellow-eyed children in Village of the Damned? I sure hope so.\n\tA Richer Music-Listening Experience\n\tA better speaker has long been on my iPhone wish list, and Apple said the iPhone 5\u2019s speaker has been improved. In theory, this means it might be possible to enjoy Pandora or Spotify without using earbuds or an external speaker. Now hear this, Apple: Thank you!\n\tThe iPhone 5\u2019s improved speaker will reportedly result in improved audio for phone conversations too. But who uses their iPhone for talking?\n\tOf course, iOS 6, which Apple said will be available for download on September 19, will come with all sorts of new features, new native apps (such as Apple\u2019s Maps and Passbook) and more. Stay tuned for ongoing coverage.