Fear no lightning: iPhone 5 a new business engine

Owners of Apple's new, and much anticipated, iPhone 5 the world over may be offering up as much praise for the new gadget's design as they are complaints. Some simply gushed in ecstasy at their first glimpse of the new look, while others cannot help griping over the fact that this new installment is the tallest iPhone yet, mocking it for resembling a TV remote control.

But whether expectations were met or underwhelmed over the issue of aesthetics, no one was prepared for the brand new base of the iPhone 5, which many say may help the California-based Apple Inc extend its position in the smartphone world.

The tech giant introduced a new eight-pin Lightning connector on the iPhone 5's base, bidding farewell to the 30-pin connector that has been used in the iPhone and iPod lineup since 2003.

This may add to the annoyance of those already flustered with the constantly updated line of products, as the smaller connector signals obsolescence for a slew of accessory products that have sprung up around the hot-selling iPhone lineup.

Of course, Apple has offered a solution - selling adapters to customers wishing to continue using older products. However, the company's offerings are rather pricey, retailing for a price tag ranging from $19 to $39, according to information available on the Apple Store.

This comes on top of the $199 sale price for a 16-gigabyte iPhone 5 with a two-year contract in the US.

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