Apple’s iPhone 5 is Time Magazine’s ‘Gadget of the Year’ by Philip Elmer-DeWitt @FortuneMagazine December 11, 2012, 10:57 PM EDT E-mail Tweet Facebook Google Plus Linkedin Share icons FORTUNE — Two Apple AAPL products made Time Magazine‘s list of the top 10 gadgets of 2012: The Retina MacBook Pro (No. 6) and the iPhone 5 (No. 1). Here’s what Time‘s Harry McCracken had to say about the new iPhone: Apple may be responsible for more than its share of the tech industry’s great leaps forward, but it’s at least as good at fussing over the tiny little details other companies ignore. The iPhone 5, which starts at $199 with a two-year contract, is one of the most artfully polished gadgets anyone’s ever built, with a taller screen than previous iPhones built into a thinner, lighter case. The camera, with a particularly well-done panorama mode, is another highlight. There are lots of nifty smartphones out there, including the iPhone’s impressive archrival, Samsung’s Galaxy S III. But when it comes to melding hardware, software and services so tightly that the seams fade away, Apple still has no peer. The full list, counting down from No. 10.