Apple (AAPL) has finally introduced the iPhone 5. Smartphone fans and Apple investors are naturally excited. But Wednesday's big reveal was about more than just one company and one product.
The very nature of Apple's shiny new handset and the bar-raising nature of some of its features will send rippling waves far beyond the company's Cupertino headquarters.
Let's go over five ways that the new iPhone 5 will change the world.
Motley Fool contributor Rick Munarriz does not owns shares in any of the stocks in this article. The Motley Fool owns shares of Apple and OpenTable. Motley Fool newsletter services have recommended buying shares of OpenTable, Google, FedEx, and Apple. Motley Fool newsletter services have recommended creating a bull call spread position in Apple.