iPhone 5 release: Phil Schiller on why there’s no NFC and wireless charging in the new iPhone

“Passbook does the kinds of things customers need today,” he said.

The Passbook app is a feature of the iOS 6, which was unveiled at the WWDC in June.

It is meant to be used as a user-friendly holder for documents with associated barcodes such as cinema tickets, boarding passes, loyalty and gift cards, Starbucks vouchers etc.

Passbook allows users to go to stores and only use coupons to pay for something.

As for wireless charging, Schiller said that the system could actually complicate things for users.

He explained that a wireless charger would too need to be plugged into an outlet. An USB cable can be plugged to any computer and even be used with aircraft systems.

“Having to create another device you have to plug into the wall is actually, for most situations, more complicated,” he said.

Schiller also detailed the new Lightning dock connector was built in order to allow for thinner devices, something that wouldn’t have been possible with the old 30-pin port.

“This is the new connector for many years to come,” he said.

Pre-orders for the new iPhone will begin on Sept. 14 at midnight.