The day Apple fans have long awaited is finally here and IBTimes plans to offer the most comprehensive live coverage of the Let's Talk iPhone event.

The rumors have swirled for months as to when Apple might unveil its new iPhone 5 and that day finally seems to be here. Most signs point to Apple releasing information on an iPhone 5 at Tuesday's announcement, though there has been some speculation that it might eschew an IPhone 5 in favor of a new and improved iPhone 4, which would undoubtedly disappoint Apple's most ardent fans.

In addition to speculation on whether Apple will release a new iPhone 5, there are questions abound on the iCloud, the iOS5, and what new apps could accompany the iPhone 5 and other new devices. Consumers already know about the iOS5 and the iCloud, but Apple is expected to provide additional details about the new software.

All of that speculation plus intrigue over new CEO Tim Cook's first public announcement since Steve Jobs passed the baton to him make this one of the most interesting and anticipated Apple announcements of all time.

IBTimes will be providing live coverage from the event and other locations throughout the U.S. in a live blog below. The Let's Talk iPhone event begins at 1 p.m. EST, but we'll be providing predictions, early reports from the event, and other worthy information in our blog throughout the day.

Make sure to bookmark this page and check back often for our comprehensive coverage.