Apple's highly anticipated new iPhone 5 hits retail store in the U.S. and eight other countries this Friday.

The company's biggest competitor is Samsung with their Galaxy S III that was launched in May. These two phones will go head to head to compete for the right to be your new phone. But how do the two devices stand up side by side against each other?

There are a few similarities and even more differences that make each of the devices a unique choice.

Starting with their displays, the Samsung Galaxy S III boasts the larger size at 4.8 inches with a resolution of 1280 by 720 pixels. The iPhone 5 comes in with a 4 inch display screen at a resolution of 1136 by 640.

The memory capacity of 16 to 32 gigabytes is shared by both phones, however Apple will provide a 64 gigabyte version and a memory card is needed to provide the same space using Samsung's device.

The prices of each can have a big affect on the choice of the consumer. The iPhone 5 will be priced per respective memory capacity at 199$ for 16GB device, $299 for a 32GB model and $399 for the 64GB version. The Galaxy S III comes in as a cheaper option with a basic phone cost $99 with a contract.

Another important feature for many consumers is battery life. Using iPhone 5 you can talk for up to 8 hours on 3G. Internet usage works for up to 8 hours on LTE and up to 10 hours on Wi-Fi. The Samsung device's battery is able to hold up to 9 hours of talk time that vary on the networks available.

Both phones will be available for customers using Verizon Wireless, AT&T, Sprint Nextel, T-Mobile and others.  They each will have network compatibility using 3G networks worldwide, plus 4G LTE networks in the U.S., Canada, Japan, Germany, U.K., Australia, South Korea, Hong Kong and Singapore.

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