Apple has finally announced the new iPhone 4S smartphone that comes equipped with the company’s latest dual core A5 processor, the latest iOS 5, and a new antenna design. The new iPhone 4S is compatible with both CDMA and GSM networks and supports download speeds of 14.4Mbps. This highly anticipated smartphone also offers several new features such as an 8-megapixel digital camera with an f/2.4 custom lens, a stunning 1080p HD video recording, Apple’s Retina display, iCloud, AirPlay, AirPrint and Siri. Apple’s new Siri is an intelligent assistant that enables users to ask natural language questions. Siri will automatically deliver the most relevant answers. Available in 16GB, 32GB or 64GB model, the new iPhone 4S is priced at $199, $299 and $399 with a service contract. Watch the video after the jump.