Samsung will have some tough competition from Apple around the Holiday season.

It is rumored that Apple will launch the new iPhone 5 on Sept. 12, and then release the phone at Sept. 21 in the U.S.

Samsung released their new Galaxy S3 this summer.

What makes these two tablets competitive in the first place, and what will make them stand out?

iPhone 5

Reports say that the new iPhone 5 will have a bigger display, be thinner and lighter than the iPhone 4S, and will be able to run on 4G LTE technology. It was also said that it will feature a 19-pin mini connector and it will be equipped with a new technology called in-cell, which integrates touch sensors into the LCD, making it unnecessary to have a separate touch-screen layer. This creates a thinner screen and improves the quality of displayed images. It will also feature tiny SIM cards called nano-SIMS.

 As for the price, many predict that it will be around the iPhone 4S.

According to WPTV, When the iPhone 4S was released last October, it cost $199 for the 16GB model, $299 for the 32GB model and $399 for the 64GB model. Many analysts are expecting the iPhone 5 will have a similar price in order to compete with products like the Galaxy S III.

A new video of presumed iPhone 5 parts has been leaked over the Internet.

According to iDesignTimes, SmartPhone Medic, a smartphone repair company in South Carolina, reveals the iPhone 5 front plate as well as a number of small items including the "flex cable," the sleep-wake button and the volume controls.

"We just got some new iPhone 5 parts in," the video begins, before the faceless narrator reveals the larger display on what is allegedly an iPhone 5 front plate. It's clear in the video that the screen-parts shown are significantly larger than those on the iPhone 4S (about 30 percent bigger according to CNET). SmartPhone Medic also confirms rumors that the camera and proximity sensor have been repositioned on the iPhone 5.

The narrator also stacks the leaked iPhone 5 front plate on top of a Samsung Galaxy S3, demonstrating that the Galaxy S3's 4.8-inch touch-screen is still significantly taller and wider. The video also confirms rumors of a redesigned, smaller 8-pin dock connector (down from 30 pins).

In the text accompanying the YouTube video, SmartPhone medic addresses the redesigned dock connector, writing, "It does look like Apple has moved away from their traditional 30-pin dock connector to a new, and much smaller, 8-pin dock connector. It is still unknown if they will provide some type of adapter for those out there with 30-pin dock connector accessories."

According to GottaBeMobile, Apple's new iOS 6 software will also be released around the time of the iPhone 5, most likely between Sept. 12 and Sept. 21.

Recently, Apple became the most valuable public company in history because its stock rose to a new high because of the iPhone 5 reports.

"Apple's market value -- the price of its stock multiplied by the number of outstanding shares -- soared to $623.5 billion at the market's close. That eclipsed the previous record of $618.9 billion set by Microsoft on Dec. 30, 1999, at the height of the dot-com bubble, according to Howard Silverblatt, S&P's senior index analyst," CNN Money reported.

Galaxy S III

According to its website:

"The Galaxy S III makes sharing easier than ever. With preloaded AllShare® Play, content can be sent instantly to friends and groups of devices. Or download Dropbox, Instagram and more, and keep your connections even more connected-to you.

Transform a text chat into conversation just by raising the phone to your ear. Perform functions, search the web and simply get answers to anything you want, just by using your voice. Designed to enrich every part of your life, the Galaxy S III also comes preloaded with Google Maps, Flipboard, and more.

Camera: The Galaxy S III is as powerful as it is stylish. For starters, the camera has 8.0 megapixels and absolutely zero shutter lag, so you can catch memories the moment you press the shutter. Want more? Take up to 20 continuous shots in seconds with Burst Shot. The front-facing camera even has a full 1.9 megapixels, so you can get yourself into the HD action."

The Galaxy S3 has a quad-core processor, and also has a 4.8-inch display. It is a new, thinner design than the previous Galaxy model. The new phone also comes with Android 4.0 (Ice Cream Sandwich). It also comes with 4G Long-Term Evolution (LTE) technology. The ultra-high-speed networking service offers near-broadband performance while away from WiFi. It's bundled in the Samsung Galaxy S III.

The Galaxy S3 also comes with S Voice (Smart Voice), which rivals Apple's Siri.

Also, the Galaxy phone comes with NFC chip, while recent rumors reveal that the iPhone 5, once rumored to have it, will most likely not include the chip.

Furthering the rivalry between Apple and Samsung, it was recently revealed that Samsung and HTC each appear to be prepping Windows Phone 8 devices for launch, perhaps as soon as September, to rival the iPhone 5's soon release.

Also, according to the Examiner, Samsung wants to prevent the release of the iPhone 6 on the South Korean market. In their lawsuit against Apple, Samsung has been ordered to pay more than a billion dollar fine to Apple for a patent violation by copying the iPhone and iPad. In addition to wanting to appeal this decision, Samsung wants to use their reputation and the strong relationship to their country of origin to ban the sale of the new iPhone 5 in South Korea. The war is not over.

Which phone would you prefer: Apple's iPhone 5 or Samsung's Galaxy S III? Share your thoughts below!