LIVE: Apple opens goody bag, unveils two new iPhone models starting at $99

Tim Cook announced the new iPhone 5C in five colours and announced free iOS 7 for all users. Follow us for live updates!

11:42pm IST

And the Apple Event comes to a close with the launch of two new iPhones!

11:42pm IST

He invites Elvis Costello on stage!

Before we close, we want to return to music: Tim Cook.

11:39pm IST

iOS 7 is the biggest change to iOS since the original iPhone: Tim Cook

11:39pm IST

Tim Cook takes the stage yet again.

11:39pm IST

By December 2013, they will be available in more than 100 countries

11:38pm IST

The 5S and 5C will be available on September 20th in US stores

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iPhone5C will be available for pre-order on September 13th

11:36pm IST

16GB $199, 32GB is $299 and 64GB is $399 on contract. Cases are $49 each.

11:36pm IST

iPhone5S starts at $199

11:31pm IST

Touch ID is what Apple is calling the fingerprint sensor. You can use it log into your phone but also log into iTunes

11:25pm IST

The iPhone5S 'reads your finger print at a very detailed level'

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iPhone5s has fingerprint sensor for protection of user data

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iPhone5S camera: burst photo mode that takes 20 photos in 2 seconds

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iPhone5S camera: burst mode if you hold down the shutter button, up to 10 frames per second, as long as you hold the button down

11:21pm IST

iPhone5s camera: It also has auto image stabilization!

11:20pm IST

There's a new flash called True Tone

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iOS 7 compatibility with camera: It automatically sets white balance, exposure level and creates a dynamic local tone map

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iPhone5S camera: New sensor, 2.2 aperture, 15 percent larger active sensor area

11:18pm IST

10 hours LTE browsing, 40 hours music playback

11:18pm IST

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iPhone5S uses the M7 chip and GPS to keep track of the activities you're doing

It enables a new generation of health and fitness apps

11:16pm IST

There's a new part called M7, that works alongside the A7. It's a motion co-processor: Schiller

11:16pm IST

It measures motion data continuously; accelerometer, gyroscope, compass support: Schiller

11:13pm IST

You can now combine advanced rendering effects like DoF, blur and full screen vignettes: Schiller

11:13pm IST

Converting games to 64-bit is usually a painful process, but with #Apple it took 2 hours: Schiller

11:13pm IST

It runs OpenGL ES 3.0

11:10pm IST

The CPU performance is 40 times faster than the original iPhone!

11:10pm IST

It will have Xcode support, and it's backwards-compatible. 32- and 64-bit

11:09pm IST

iOS 7 has also been updated for 64-bit as well

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A7 is a modern instruction set, with 2x general purpose registers, 2x floating point registers, over 1 billion transistors

11:08pm IST

iPhone 5S contains the A7 chip! A 64-bit chip.

11:07pm IST

The iPhone 5S is a huge leap forward in mobile computing performance: Schiller

11:06pm IST

iPhone 5S is in three colours: gold, silver and space grey colors

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iPhone 5s is made of a high-grade aluminum with cut chamfered edges: Schiller

11:05pm IST

It is the most forward thinking phone we have ever created:Schiller on iPhone 5S

11:05pm IST

Now we're on to the second iPhone. The iPhone 5S!

11:03pm IST

iPhone 5C Will Cost $99 for 16GB, $199 for 32GB on two year contract

11:00pm IST

iPhone 5C starts at $99 with two-year contract

10:59pm IST

iPhone 5C supports more network bands, Bluetooth 4.0

10:59pm IST

iPhone 5C: steel reinforced structure, multiband antenna, 4-inch Retina display

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iPhone 5C in five colours: Green, white, blue, red and yellow

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iPhone 5C launched! Incredible all new design, that is more fun and colorful: Phil Schiller

10:53pm IST

This year we aren't going to lower prices of new iPhones to make it more accessible to more people unlike last years: Tim Cook

10:53pm IST

Now I want to talk about iPhone: Tim Cook

10:52pm IST

All five of iWork apps are now free. Free with any new iOS device

10:52pm IST

iWork highlights that iOS devices aren't just create for consuming devices, but also creating content: Tim Cook

10:48pm IST

TimCook talks about iWork

10:48pm IST

iPhone 4 and newer, iPad 2 and newer, and iPad Mini will all get iOS 7 on September 18th

10:48pm IST

Tim Cook takes the stage again

10:47pm IST

iOS 7 will be free starting September 18

10:45pm IST

New apps have been made for iOS 7: Evernote, Zillow, etc.

10:45pm IST

Over 200 new features in iOS 7

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Music app new too. iTunes Radio comes along with iOS 7.

10:43pm IST

New photo organization tools too. You can group by year or by location.

10:43pm IST

New camera app too with built-in filters.

10:44pm IST

Siri updates include a new male voice, Wikipedia searches

10:44pm IST

In iOS7, you can swipe down anywhere to access the search option. Previously you had to press the home button or keep swiping left

10:43pm IST

Safari for iOS 7 demo now. New tab layout and new animations

10:43pm IST

Craig Federighi talking about iOS 7 now. Going through tentpole features

10:41pm IST

We have been hard at work at completing iOS 7: iOS 7 will quickly become the world's most popular operating system: #TimCook

10:35pm IST

iTunes Festival is this month. Concerts with some people like Katy Perry, etc. says Tim Cook

10:33pm IST

And Tim Cook is out!