Time Magazine has named iPhone 5 its Gadget of the Year for 2012. The device is “one of the most artfully polished gadgets anyone’s ever built,” says Time’s Harry McCracken. He highlights the new thinner design and the camera’s “particularly well-done panorama mode.” McCracken concludes, “[W]hen it comes to melding hardware, software and services so tightly that the seams fade away, Apple still has no peer.” The MacBook Pro with Retina display also made it onto the list at number six.

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