HTC finally unveiled its latest smartphone HTC One, which is previously rumoured as HTC M7.

The new smartphone from HTC wowed critics and reviewers at the launch events in New York. The new handset offers a 1.7 GHz quad-core processor; Near Field Communication; LTE mobile broadband; stereo speakers; a big, 4.7 inch screen with a 468 pixel-per-inch resolution; and a 4 "ultrapixels" camera.

The HTC One will battle against other devices such as the latest iPhone 5. Apple also released its supreme smartphone last September 2012. The tech giant's iPhone 5 wowed critics at its media launch last September 12.

iPhone 5 features a 4-inch screen, slightly bigger than earlier versions of Apple's device with 1136x640 pixel resolution, 4G/LTE connectivity, and iOS 6 mobile operating system.

Below is the comparison of the two devices with its specs and features.

Screen Display - iPhone 5 boasts its 4 inch screen display with 1280×720 resolution.

Processor - iPhone 5 has a dual core A6 chip against HTC One's quad core Qualcomm Snapdragon processor clocked at 1.7 GHz.

Internal Storage - Apple's smartphone is available in 16GB, 32GB and 64GB variants. HTC's latest handset is available in 32GB and 64GB variants.

Operating System - HTC One will run with Android's 4.1.2 version of Jelly Bean OS. Meanwhile, iPhone 5 is running with iOS 6 mobile software.

Camera - iPhone 5 equipped an 8MP rear shooter. HTC One boasts 4 ultrapixels back camera.

Near Field Communication - HTC One gained a point with its NFC support as iPhone 5 does not have this feature.

4G/LTE Connectivity - Both smartphones support 4G/LTE Connectivity.

Battery - HTC One has a 2300 mAh embedded rechargeable Li-polymer battery, while iPhone 5 promises up to 9 hours of battery life.

The Australian launch of the phone is set on Thursday night. The handset will be available in March in 80 countries around the world, including in Australia. Vodafone, Telstra and Optus are all listed as carrying the device.