From all indications, iPhone 5 will actually be more an iPhone 4S, a minor upgrade in screen size, antenna and design, with few significant improvements:
A 3.7-inch screen — three-quarters of an inch (plus) less real estate than Galaxy II’s 4.52-inch Super AMOLED screen, and around a half-inch less than the 4- or 4.3-inch screens commonly found on Android models;
512 MB RAM, same as the iPhone 4 and half of the 1 GB found on many Android phones, including the new Galaxy II;
16 and 32 GB of memory, not a 64 GB choice, compared to Samsung Galaxy II’s built-in 16 GB plus a 32 GB micro SD card slot;
either iPhone 4′s 1 GHz processor or the 1.2 GHz chip from the iPad 2, compared to Galaxy II’s 1.5 GHz engine.