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Apple iPhone Event: Watch Live Here

Catch the ustream.tv broadcast of the expected announcement.

Updated Sept. 12, 1:51 p.m.

It has been the buzz of the world for some time, and now it's near a reality.

Apple has scheduled an event for 1 p.m. Wednesday, and presumably it's to announce the iPhone 5, the latest version of its trademark smartphone.

Word is the new iPhone will have a larger screen, but who knows?

Courtesy of ustream.tv, we can watch the Apple announcement live from San Francisco.

And via the Huffington Post, here are ways to join in live blogging of the event.

-- So join in, and leave your comments below.

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