With Windows Phone 8, Nokia finally has had its hands untied when it comes to pushing out modern specs on its hardware. The result is the Nokia Lumia 920, with a dual-core 1.5GHz processor, 32GB of device storage, and a 4.5-inch display. The Lumia 920 also includes wireless charging and "PureView" technology on its 8-megapixel camera. Add in some bright color options and you're looking at the main differentiators on the hardware side.
How does that stack up? The Galaxy S III, HTC One X each have options with LTE and the Qualcomm S4 Snapdragon dual-core processor, though they feature larger screens. They also come in a variety of different spec configurations, including quad-core processor options. Against those Android phones, the Lumia 920 essentially matches the top-tier of what's available on Android in all the important specs, unless you absolutely must have a super-sized screen, although Nokia is boasting that its 1280 x 768 PureMotion HD+ screen offers better quality. It beats them on battery life, thanks to both the 2,000mAh battery and the ability to quickly top off with wireless charging. Nokia is also claiming the image stabilization and other "PureView" improvements on the camera add up to a big differentiator.
If you absolutely must have a larger screen, Samsung's Ativ S might be more to your liking, but obviously you'll be waiting for either of two-announced flagship Windows Phone 8 devices to ship, so there's no need to make a hasty decision. Of course, compared to the iPhone 4S, the Lumia 920 wins from a pure-spec perspective, on screen-size and LTE speeds especially. That advantage will likely be very short-lived, however, as we're expecting the iPhone 5 to be announced on the 12th, just one short week away.