If the Moto X is a mid-range phone, then the iPhone 5 is an entry level smart phone
If 720p, 4.7", 2GB RAM, dual-core processors, quad-core GPU, 10MP camera are considered mid-range, then what does that make the iPhone 5 with only a 640p 4" screen, 8MP camera and1GB RAM? I don't think anyone in their right mind will consider the iPhone 5 'mid-range'. If anything, for the most part, every new iPhone sets the bar that others aspire to reach in terms of overall smartphone experience.
However, if the spec wars and mid-range/high-end monikers only apply to the Android world, ignore my comment.