At the Let's talk iPhone event, Apple, instead of unveiling an iPhone 5, released an iPhone 4S that features the new iOS 5 and a revolutionary voice-recognition technology.

Just as we forecasted, the iPhone 4S features A5 dual-core chip, an 8-megapixel camera with 1080p HD video recording and voice recognition system. The new iPhone comes in 16 GB, 32 GB and 64 GB for $199, $299 and $399 respectively with a 2-year contract.

In addition, iPhone 4S also has the wireless mirroring feature, the same beautifully thin glass and stainless steel design, and incredible battery life (up to 8 hours of 3G talk time).

iPhone 4S will hit the markets of the U.S., Australia, Canada, France, Germany, Japan and the UK on October 14. Pre-orders began on Oct. 7.

Before the release of iPhone 4S, there were many hints that Apple will only release an iPhone 4S with voice-recognition technology, rather than an iPhone 5, or even two iPhones.

The invitation did not mention any 5, but a big 4, which could mean Apple will release the upgraded version of iPhone 4. also reported that shows iPhone 4S will come in 16GB, 32 GB and 64 GB on its website. Meanwhile, the CNet said the new iPhone would feature the voice-recognition technology.

The event marked the beginning of new CEO Tim Cook's era after Cook succeeded the ailing showman and tech visionary Steve Jobs. Jobs passed away on Oct. 5 after a long battle with cancer.

This is my first product launch since being named CEO - I'm sure you didn't know that, Cook introduced himself when walking on the stage. I love Apple and consider it the privilege of a lifetime to have worked here for 14 years and to assume this role.

Referring to Apple's expansion, Cook said Apple has 357 total stores in 11 countries, and many more are coming to raise the bar at retail.

During the event, Cook revealed the company's new iPhone 4S, iPod Touch,  iPod Nano, and several new exciting software features like the voice assistant program Siri.

These new devices and software angered Apple fans because of the absence of iPhone 5. Apple's share also fell after the launch of iPhone 4S.

 It's been 16 months and all you've got is an A5 processor in the existing iPhone 4. It's a mild disappointment, but they're still going to be selling millions of units...This isn't going to satisfy these people. The Telegraph quoted BGC Partners' analyst Colin Gillis as saying.