APPLE announced a new faster and more powerful iPhone last night – but left some underwhelmed with what it can do.

The iPhone4S has voice recognition and better camera and graphics than the present model.

But it left some fans wanting more and investors wondering if Apple had done enough in an increasingly competitive smartphone market.

New chief Tim Cook revealed the new phone at the company's Silicon Valley HQ in California.

Apple also unveiled a new line of iPods, including a Nano model.

The 64 giga byte iPhone4S will sell for £260, the 32gb for £195 and the 16gb for £130. It goes on sale in the UK on October 14.