Introducing iOS 5

[Sarath]

I will just copy from the source as there is too much information in here. Anyways brace yourself for the next big update in your idevices, most likely slowing them (hopefully not).

Source: Engadget

Firstly, stats. Scott notes that Apple has so far sold 200 million iOS devices, with more than 25 million of those being iPads. There have been 14 billion downloads from the App Store, tallying over $2.5 billion paid out in revenue to app developers. The iTunes Store isn't doing badly, either, with 15 billion songs sold.
And the first new feature: an overhaul of notifications. At last! A new Notification Center aggregates all your, well, notifications into one and is accessible by swiping down a menu from the top of the screen. Yes, just like Android. Small X buttons alongside each note allow you to dismiss it, though there's no "clear all" option for the more decisive among us. Notifications are also making their way onto the lockscreen, where swiping across a text message takes you right into it. A little something like Samsung's TouchWiz implementation.
Newsstand is a new place to house all your magazine and newspaper subscriptions.
Twitter integration is also coming to iOS 5, with a single sign-in allowing a multitude of apps to make use of your Twitter credentials. That includes the Camera and Photos programs, finally letting you tweet images out directly from your galleries.
Safari Reader is a new browser feature that will strip out distractions and present the text of a webpage with no other excess content. Accessible via a button next to the address bar. Also added to the iOS browser is a Reading List, which does what the name suggests by accumulating a list of pages you want to read later. Accessible on multiple devices. Tabbed browsing is making a debut in v5.0 as well, which is sure to be a boon for iPad users.
Reminders is another self-descriptive feature. This one's intelligent enough to remind you to do things based on your location. It'll sync across devices and with your calendar.
Yay, there's now a camera button right on your lockscreen! The volume-up button is also doubling up as a physical shutter release key when you're in the camera app. Pinch-to-zoom is said to be available right in the app, while holding your finger down on a particular area will lock down exposure to optimize the shot for its particular lighting. Some new in-device editing options have also been added, including cropping, rotation, red-eye reduction, and a one-click enhance option.
A new split keyboard has also been shown off in iOS 5.
Headline feature: PC Free! No more cables required for syncing. Now we're talking. Setting up and activating a new iOS device can be done right on the device itself, and syncing will be wireless too -- there'll be no need to tether to a computer anymore. Over-the-air updates are also part of the new deal, and in better news still, they'll contain only the data that's changed, meaning you won't have to re-download the entire OS every time Apple opts to make a minor tweak.
Another pretty significant novelty: iMessage. It's a messaging service exclusively for iOS users (irrespective of which device they're rocking), which comes with delivery and read receipts, an indicator for when the other party is typing, and the ability to push messages to all your devices. Kinda, sorta like BBM. You'll be able to send messages, photos, videos, and contacts. Group messaging will also be available. It works over either WiFi or 3G and looks to be making good use of Apple's new push notifications.
Perhaps the biggest innovation of all in iOS 5, however, will be the way iCloud affects the use of your mobile device. Hit up our overview post of the company's new cloud-syncing solution to learn all about it.
iOS 5 will ship in the fall to the following devices: iPhone 3GS and iPhone 4, iPad 1 and 2, and iPod touch 3rd and 4th generation.

Original Link here

P.S. The bullets did not get copied so I tried highlighting a few points. Original source has better presentation. Link above.

[gagan007]

wow, looks like really good enhancements

One of my friend has 3GS, I can see all these features in action.

[sygeek]

Let's just hope they keep up to our expectations and don't screw up!

[Zangetsu]

gr8..but I was expecting Steve Jobs in demo instead of Scott Forstall

[deathwish]

Its nice to see Apple borrowing ideas from other companies as well (read: iMessage, Notifications). Its a two way street after all.

[noob]

Apple copying Android Notification.

iCloud (sms , mails , contacts backup ) is on Android starting 1.6 version.

[mrintech]

Features in iOS 5 are awesome

[deathwish]

Now I'm waiting to see how Apple will implement all this in the iPhone 5, and utilize the dual core processor within.

[noob]

Originally Posted by mrintech

Features in iOS 5 are awesome

tell me 1 feature which is amazing and innovative and original

[abhidev]

notification bar copied from android i guess........

[deathwish]

Originally Posted by talktoanil

tell me 1 feature which is amazing and innovative and original

It isn't always about bringing new technology to the table. Apple has done enough of that already. I feel that this time they are using the applications which have extremely high potential, and integrating them (with the flawless consistency Apple is known for), to build something better. The product will be better than its parts. Apple hasn't let us down yet.

[arescool]

I dont think there is anything wrong with bringing all the "goods" in others like android, BBM into APPLE....
It will make me more curious to get myself an iPad 2 ...

[Achuth]

waiting for this one even though i dont own even one apple device

[sriharsha_madineni]

Why so much fuss about things that are nothing much than usual upgrades and that too as if it were some revolutionary upgrade.

When Apple brought copy and paste to the then iPhone os 3.0, again the same hype for a feature that existed in even a sub 1k phone.

Fast forward 2011, Apple got inspired from droids and copies the notification bar to iOS and people call it revolutionary again?? Millions of Android mobile users have been using that for quite some years now, but people still feel it revolutionary when it is ported to apple

[Zangetsu]

Originally Posted by sriharsha_madineni

Fast forward 2011, Apple got inspired from droids and copies the notification bar to iOS and people call it revolutionary again?? Millions of Android mobile users have been using that for quite some years now, but people still feel it revolutionary when it is ported to apple

its feels like buying a 50" LED TV when the neighbor bought it years ago..