Apple’s iPhone 5 has been criticised for not being ‘innovative enough’ and ‘lacking wow factor’ by some fans following the unveiling of the device at a press conference yesterday.

Following the announcement fans of the smartphone took to the internet to give their reactions to the much-anticipated gadget.

The technology giant revealed the smartphone at an event in San Francisco along with several new iPods.

The iPhone 5 is taller and slimmer than the 4S due to its 4” screen, which allows users to view videos in a near 16:9 aspect ratio.

Battery life is also increased and the smartphone will be available on 4G LTE when it is released in the UK on September 21st.

The company’s senior vice president of worldwide marketing Phil Schiller described it as an ‘absolute jewel’.

David McQueen, Principal Analyst at Informa Telecoms & Media, admitted the iPhone 5 offered few surprises but said the company was banking on its ability to create cool products.

‘While the new hardware may not quite stack up against other products expected in market, it is Apple’s ability to create stylish, desirable products attached to a rich set of services that it hopes can still set it apart to create differentiation,’ he said.

Paul Armstrong, head of social at media agency Mindshare UK, agreed with this, and added Apple had demonstrated ‘its commitment to technical and design excellence’.

What do you think of the iPhone 5- Apple rocks or Rotten Apple?