It may be a surprise to see otherwise. A baby has been floating in an amniotic bath and has been compressed for several hours during birth as the uterus contracts, so it may look a little strange at first. The body will catch up as the baby grows. The head often molds to a shape which will fit through the mother's pelvis, usually in a cone shape. This will go away in a day or two, and the molding in about 2 weeks, at which time the baby's head will begin to be round.
Some new babies are bald, some have thick manes, and others have a light cap of hair.
All will be lost and replaced by new growth, although this loss may not always be apparent. There is a cheesy coating around the fetus, which is thought to protect the skin from the amniotic fluid. This is called the vernix caseosa coating. Swelling of the genitals is very common in newborns, and especially so in male babies which are delivered cesarean. These are common in babies and will abate in about a week.