Apple announced the new iPhone 5 last week at a highly publicized press conference in San Francisco, Calif., but following the announcement, consumers are reporting several problems with their iPhone 5 including shipping problems and software issues. Despite complaints, the iPhone 5 has been selling extremely well. It recently became the best-selling iPhone of all time with 5 million sales in the first week.

Despite the success of the iPhone 5, makers of Android phones haven't wavered from their commitment to Google's open-source operating system. Companies such as Samsung, HTC and LG continue to release high-end phones specifically designed with the task of competing with the iPhone 5. The latest piece of innovation is from Samsung, one of Apple's bitter rivals.

In the wake of a $1 billion lawsuit, Samsung has rallied and decided to release a phone that's far different from anything on the market. The Galaxy Note 2, the successor to the Galaxy Note, is a hybrid smartphone-tablet device that offers more screen real estate than any phone and comes packed with some of the most powerful hardware available.

The comparison between the iPhone 5 and the soon-to-be-released Galaxy Note 2 is a closely contested one. Both feature the newest editions of their respective operating systems and both are packed full of processing power. For a consumer looking for new smartphone, it can be difficult to weigh the options. Smartphone buyers can either purchase one of the most popular smartphones in the world or wait in hopes that Samsung will answer with an even better, more innovative device.

Here's how the Apple iPhone 5 and the Samsung Galaxy Note 2 stack up against each other:

Operating system: The iPhone 5 is preinstalled with the newest version of Apple's mobile operating system, iOS 6. Apple has added more than 200 features to the new operating system, although there are several reports of bugs and other software issues. Though that may be the case, Apple will likely iron out the kinks in the software soon, and users should already be able to use a large majority of the new features without any problems. Among those features is an updated Notifications Center that will provide better information about calendar events, Facebook interactions and more. In addition, Apple has made it easier than ever to sync data between devices using their iCloud service.

The Samsung Galaxy Note 2 ships with the latest version of Android (4.1 Jelly Bean). Android 4.1 Jelly Bean features a host of new features that make controlling the device easier than ever. One of the newest features added to Android is Google's "project butter," which is essentially a manifesto geared toward creating more fluid scrollin and application interactions on all Android devices. Android 4.1 Jelly Bean also features updates to the Notifications Center on the phone and tweaks in legacy applications.

Winner: Tie (iOS 6 vs. Android 4.1 Jelly Bean)

Performance: The iPhone 5 is powered by a new Apple A6 processor. Apple says that the A6 processor is more than 22 percent smaller than its predecessor and has twice the amount of computing power. The A6 processor also has twice the amount of graphical processing power. Apple didn't initially provide specific details about the processing power of the A6 processor, but AnandTech reports that the chip has been discovered to have a dual-core CPU and triple-core GPU after testing. The iPhone 5 has 1GB or RAM.

The Galaxy Note 2 will run on a Exynos 4412 Quad processor that has a quad-core CPU running at 1.6 GHz. The powerful processor is backed by 2GB of RAM and the phone also features at propriety "S Pen" stylus. The Galaxy Note 2 has 16GB of onboard storage and supports up to 64GB of additional memory via microSD.

Winner: Samsung Galaxy Note 2 (Better processor, More RAM, Expandable Storage)

Display: The iPhone 5 contains a highly touted Retina Display that can show pictures at a 1136 x 640 resolution. It has an 800:1 contrast ratio and a fingerprint-resistant oleophobic coating on the device that prevents it from being smudged. The screen is 4-inches when measured diagonally, which is slightly larger than previous iterations of the iPhone. Much like other Apple devices that have the company's Retina Display technology, the iPhone 5's screen is noticeably better than those without the technology.

The Galaxy Note 2 has a gigantic 5.5-inch display that trumps every other phone on the market. The display is only 1.5 inches smaller than most low-budget tablets on the market, which gives the phone an especially distinct look. It's not quite a smartphone, but not quite large enough to be considered a tablet. The display shows images at a 720 x 1280 pixel resolution.

Winner: Galaxy Note 2 (Better resolution, Larger screen)

Price: The iPhone 5 is sold in three tiers: It's $199 for a 16GB version; $299 for a 32GB version; $399 for a 64 GB version. Even the cheapest model of the iPhone 5 is more expensive than most Android phones.

"The price of a Galaxy Note 2 on the standard two-year contract is set to be between $199 and $249," reports Phones Review. The unsubsidized version of the phone will be sold for between $800 and $900 according to the report.

Winner: iPhone 5 (Starts at $199)

Cool Factor: The Samsung Galaxy Note 2 is definitely an abnormal phone, but we're not sure if that alone makes it cool. It's gigantic in size, and it looks a bit awkward while it's being held next to someone's head because it's so large. If standing out from the pack is the goal, the Galaxy Note 2 will suffice. The iPhone 5 on the other hand is the fastest selling iPhone of all time. That means if you get one, you'll fit right in with millions of other people. The iPhone 5 is slimmer and lighter, but less powerful. If you dress chic, you'll want something less clunky than the Galaxy Note 2.

Winner: iPhone 5 (Iconic design)

Conclusion: The Galaxy Note 2 is a beast, plain and simple. It will be one of the most powerful devices available once it's released. For someone that's constantly working from their mobile device, the Galaxy Note 2 will definitely be worth the money. The extra screen real estate will make it easier to do a variety of tasks including reading long documents and writing detailed emails. The iPhone 5 is fairly comparable in the hardware department, but it's screen is much smaller than the Galaxy Note 2. If you use your smartphone for productivity slightly above average, the iPhone 5 should be a great decision.

In reality, this is a decision between the best Android phone on the market and the best iOS 6 device on the market. If you're a social media specialist, we recommend that you purchase the iPhone because iOS typically gets the best new popular social media apps. If you're more of a hacker type, we recommend Android for it's customizability and its more lenient marketplace guidelines.

Winner: Tie

iPhone 5 (social media, beautiful design, slim)

Galaxy Note 2 (hacker types, power users)