Live Coverage: Apple expected to announce two new iPhones

After weeks of rumours, leaked photos and lots of educated guessing, it's finally time. Apple is expected to unveil not one, but two new iPhones today. One is the immediate successor to the iPhone 5, the iPhone 5S, which many have suggested will come with much larger storage capacity (up to 128 GB) and be available in three colours, black, white and gold. The other is the iPhone 5C, a "mid-range" smartphone that is likely designed to compete with the plethora of mid-range Android devices currently available. In emerging markets like China and India, a lower-cost iPhone is certainly needed, and today may be the day we finally see Apple make a grab for those regions.

Either way, we'll have all the latest here in the live blog, courtesy of the Yahoo News tech team and CNET:

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