Today Apple issued a press release announcing two new phases of the iPhone 5s and iPhone 5c launch. It was revealed that the company will launch the new iPhones in 35 new countries on October 25 and in additional 16 countries on November 1 which will include India.

During the iPhone keynote event Apple CEO, Tim Cook, announced that the company will bring its new iPhone lineup to all major markets by the end of 2013. In the next two months the Cupertino, Calif., based company will add a total of 51 countries that will sell the iPhone 5s and iPhone 5c.

iPhone 5s and 5c will be available on Friday, October 25 in Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, French West Indies, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Macau, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Reunion Island, Romania, Russia, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Taiwan and Thailand. iPhone 5s and 5c will also be available on Friday, November 1 in Albania, Armenia, Bahrain, Colombia, El Salvador, Guam, Guatemala, India, Macedonia, Malaysia, Mexico, Moldova, Montenegro, Saudi Arabia, Turkey and UAE.

In recent years India has started to emerge as a focus area for Apple. New product launches now typically become available within two months of official launch in the U.S. Sales of iPhone in India since the introduction of iPhone 5 have increased significantly and the company has been making efforts to partner with new distribution partners.

Apple distribution partner Redington in India has partnered with local banks to provide 0% interest EMI payments to buy any product offered at the retail stores. Various schemes such as reduction on price on exchange of any smartphone has also helped to fuel sales.

iPhone 5s is worlds first smartphone to feature 64-bit A7 chip. The new iPhone has improved camera sensor and dual-tone flash that helps capturing better photos in low light conditions. Apple also introduced Touch ID, a fingerprint sensor that allows users to effortlessly unlock their devices.

Many expected iPhone 5c to be low cost iPhone to taget the price sensitive Indian market, however as it turned out iPhone 5c features a new plastic design with the same internals as the iPhone 5. The new colorful iPhone is expected to retail at the same price as iPhone 4s in India. While iPhone 5s will replace the pricing of iPhone 5.

iPhone 5s is expected to be available in limited supply and the gold iPhone could possibly see huge demand. If you are looking to buy the new iPhone on November 1 be sure to book your phone in advance at the nearest retail store or visit the store early.

iPhone 5S keynote event is now live at the Town Hall Apple Campus. We’re expecting Apple to announce all-new iPhone 5S and a low cost iPhone 5C. The company will also share release date of iOS 7 and OS X Mavericks.

Apple has in the past streamed live video stream of the WWDC keynote event, however this year the company has not shared a live stream of the iPhone event. Last year Apple TV was updated with “Apple Events” channel for the streaming. Even though a live stream is not available many tech bloggers will be at the iPhone event to cover the event. Links to live coverage of the iPhone 5S keynote event can be found here: Engadget, Ars Technica, The Verge, Macworld, AllThingsD, CNET, SlashGear.

We will be posting tech specs, release date, photos, videos, pre-order dates and everything you need to know from today’s event as it concludes later this morning. According to various rumors and reports iPhone 5S will feature Touch ID sensor (fingerprint), faster A7 processor, dual-led flashlight and updated camera software.

Apple will also announce iPhone 5C, a low cost iPhone to make the smartphone more affordable for everyone. This could lead to significant increase in market share for Apple in a market where Android dominates with mid-priced smartphones.

iOS 7 and OS X Mavericks golden master seeds could be released today to the developers and could be made available to general public on September 17th just before the release of iPhone 5S.

Rumors about a low cost iPhone have been on the web for the past several months, with some reports suggesting that the device would offer a plastic chassis. KGI Securities analyst MIng-Chi Kuo also reported that the low cost iPhone would have a 4-inch screen, a plastic casing, and would even be available in a range of colors similar to the iPod lineup.

On Friday, Kuo released new details about some of the previously reported materials in the iPhone to AppleInsider, adding that it would have a ‘super-thin’ plastic and fiberglass shell, which would likely reduce costs, weight, and increase strength. He again reiterated the possibility that it would be available in 4-6 colors, likely the same as the iPod lineup. Currently, Apple only offers the iPhone in Black/Slate and White/Silver combinations.

The new, less expensive iPhone model is said to have a “super-thin plastic casing mixed with glass fiber.” The material will make it stronger, thinner and lighter than typical smartphone plastic casings, Kuo said.

He expects the thickness to be between 0.4 and 0.6 millimeters, which is thinner than the average plastic casing at between 0.7 and 1 millimeter.

The phone will also reportedly come in a range of colors, much like Apple’s iPod lineup. According to Kuo, there will be between four and six options, expanding from the black and white choices currently available on existing iPhone models.

Apple is also reportedly working with Foxconn as well as Green Point of the Jabil group in order to manufacture the shells for the low cost iPhone. Hon Hai, which trades as Foxconn will manufacture the casings and assemble the phones, while Green Point will provide casings to Pegatron. Pegatron will then finish the remaining iPhones left for manufacturing.

Apple is beginning to develop iPhones with a range of different screen sizes and materials, particularly because its competitors such as Samsung have gotten a leg up in the market using this method. Samsung offers a range of low cost smartphones running Android software which has also been serious competition for Apple’s iOS.