It's August 2 which can only mean one thing for tech enthusiasts - the official unveiling of Samsung's next Galaxy Note smartphone, the Galaxy Note 7 (yes, Samsung did skip over the "6" moniker as rumored).

Samsung's Unpacked event, which took place simultaneously in New York City, London and Rio, opened with a homage to this year's Olympic Games courtesy of Samsung President of Mobile Business Communications, DJ Koh.

The executive wasted little time in rattling off the Galaxy Note 7's key features including an iris scanner, water resistance, wireless charging and the all-new S-Pen that's said to be more precise, more responsive and yes, both dust and water resistant.

Before we get ahead of ourselves, let's take a look at the complete hardware specifications.

The Note 7 features a 5.7-inch Quad HD (2,560 x 1,440 resolution, 518 PPI) Super AMOLED display with curved edges that's coated in Corning's brand new Gorilla Glass 5. It's powered by a 64-bit, 14-nanometer octa-core SoC (four 2.3GHz cores and four 1.6GHz cores) alongside 4GB of LPDDR4 RAM and 64GB of onboard flash storage.

The Galaxy Note 7 has the exact same rear camera as the Galaxy S7, a dual pixel 12-megapixel f/1.7 aperture shooter with optical image stabilization. There's also a 5-megapixel f/1.7 camera up front, 802.11 a/b/g/n/ac dual-band Wi-Fi, Bluetooth 4.2, an iris scanner, NFC, HDR, IP68 water and dust rating, a USB Type-C connector, wireless charging and yes, even a 3.5mm headphone jack (a direct jab at Apple).

Samsung has also brought back expandable storage with the Note 7 via microSD card slot (up to 256GB).

Samsung says its Note 7 is roughly 30 percent faster on the CPU side and has a GPU that's nearly 60 percent faster compared to the previous generation. A 3,500mAh non-removable battery keeps the action going and when it's time to recharge, you can do so wired or wirelessly (compatible with WPC and PMA).

The Galaxy Note 7 should be available to pre-order in the coming days with availability scheduled for August 19. It's being offered in black, blue, silver and gold color schemes. Pricing hasn't yet been revealed although I suspect it'll be in line with current flagship smartphones already on the market.