MacRumors has posted a video on their YouTube channel that summarized everything that Apple announced at the 2016 iPhone 7 event in under 5 minutes.
Highlights include water and dust resistance for the iPhone 7 and 7 Plus, along with a faster A10 Fusion processor, all new camera systems for much better images (including a dual-camera system for the iPhone 7 Plus), no headphone jack, and two new colors being sold alongside the standard Silver, Gold, and Rose Gold – a matte “Black” and a glossy “Jet Black.”