Apple announced it’s latest iPhone Tuesday at its “Let’s Talk iPhone” event in Cuperino, Calif.  The iPhone 4S will be sold beginning October 14 on AT&T, Verizon and Sprint, confirming speculation that the “Now Network” would finally begin selling the device.

The iPhone 4S boasts an improved dual-core processor (the A5 chip), an upgraded 8 megapixel camera and an intelligent voice recognition system.  It will also run Apple’s latest mobile operating system, iOS5.

However, there was no information released on the iPhone 5.

The new iPhone 4S will be priced at $199 for a 16 gigabyte model with a two-year carrier contract; 32 GB and 64 GB models are $299 and $399 respectively.

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