Apple "Let's talk iPhone" event has revealed that iOS 5 is expecting on October 12.

Some of the new features for iOS 5 includes camera update with panorama function �and the function of editing photos on your device. Other new features include updated Safari, Reader and tabbed browsing.

The iOS5 is available as a free update, compatible with the iPhone 3GS, iPhone 4, the original iPad, iPad 2 and 3rd and 4th gen iPad touch.

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[9to5mac]