Apple has unveiled the iPhone 7 and ended months of speculation about the features of the new device.

Both the iPhone 7 and larger 7 Plus will NOT have a headphone jack, a move which is likely to provoke rage among music fans.

Phil Schiller said Apple's designers had "tremendous courage" and made its controversial decision in a bid to move towards a "wireless future".

The removal of the 100-year-old connector would allow the phone to be slimmed down and would make the "audio experience as great as it can be".

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Apple fans will be able to use the new "earpods" to plug into the phone's lightning connector or buy new "airpods" which work wirelessly and cost a whopping $159 (£119).

The iPhone 7 will also ship with a dongle which lets people plug in their old school headphones.

Apple's Phil Schiller said the phone was "the best" Apple had ever made. It will come fitted with a super-powered chip called the A10 Fusion that Apple described as a "rocket ship", making it perform much more quickly than previous models. This will allow games with better graphics than have ever been possible on previous version of Apple's blower.

The battery is also longer, with the longest life ever available in an iPhone.

It will come in a very glossy finish called jet black as well as simply "black", which diffuses light and has a black logo. The gadget will also come in gold, silver and rose gold.

Apple also added various functions to the Home Button, including "taptic feedback" which will send little vibrations through the button whenever you perform certain tasks.

Phil Schiller said the iPhone 7 also has a "camera super computer" which allows it to take incredibly detailed images.

"It is the best camera ever in an iPhone," he added.

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The larger iPhone 7 Plus has a double camera which offers the ability to zoom at up to 10x magnification.

This bigger, more expensive smartphone will also be able to blur the background whilst keeping the main subject in focus, which can generally only be achieved by using a more expensive camera with a pricey lens.

Apple has made the new iPhone waterproof, which means it should be able to survive plunging into a swimming pool.

It will come with a new camera, which is a "huge advancement" which is "entirely new".

The camera will have image stabilisation as standard, which will make it easier to take photos without the shaky effect.

Its flash will compensate for artificial light, which should make you indoor selfies look a lot better.

The device will have stereo speakers which are twice as loud as the ones from the iPhone 6s, meaning the kids at the back of the bus can REALLY annoy you.

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Tim Cook, Apple CEO, appeared on stage to reveal his firm's latest product and was greeted with cheers and whoops from thousands of people that packed into an auditorium to watch the event.

James Corden appeared in a intro video along with the Apple boss and Pharrell Williams, singing Sweet Home California in a special episode of Car Seat Karaoke.

"It was so much fun seeing James and Pharrell, I might have lost my voice," he joked.

Cook said the iPhone is an "industry standard" and has become "a cultural phenomenon touching lives around the world".

The tech firm also unveiled iOS 10, the latest version of Apple's operating system for iPhone and iPod.

This new OS will offer better control of household devices through HomeKit as well as a number of cool features, which we've listed here.

The iPhone will be available for pre-order on September 9 and should ship by September 16. The iPhone 7 will start at £599 for the 32GB model.