Motorola unveiled a new device, the Moto G, in a launch event in New York. The Moto G made heads turn as it is considered the cheapest smartphone without a binding contract in the market today.

The Moto G is coming to Brazil and to some parts of Europe this week. The device will come to Latin America and Canada in the coming weeks. The smartphone will be available in 30 countries by 2014. In the U.S., buyers will be able to get their hands on the device by January.

The Moto G's entry into the market heralds a battle against other smartphones including Moto X and Google Nexus 5. And as the holiday season is just around the corner, here is a specs and features comparison to help consumers decide which among the new Moto G, Moto X and Google Nexus 5 to pick.

Screen Display - The new Moto G packs a 4.5-inch HD screen display. The Moto X features a 4.7-inch HD screen display like Moto G, while the Google Nexus 5 packs a 5-inch full HD screen display.

Processor - The new Moto G is powered by quad-core Snapdragon 400 chip processor clocked at 1.2 GHz, while the Moto X has a dual-core 1.7 GHz processor. The Google Nexus 5 packs the latest quad core Snapdragon 800 chip processor clocked at 2.3 GHz.

Operating System - The Moto G is released with the 4.3 Jelly Bean OS. The Moto X is released with 4.2.2 version of Jelly Bean OS. The Google Nexus 5 is the first smartphone to pack the latest Android 4.4 KitKat OS.

Internal Storage - The Moto G is available in 8 and 16 GB variants. The Moto X and the Google Nexus 5 are both available in 16 and 32 GB models.

Back Camera - The Moto G sports a 5 MP rear camera. The Google Nexus 5 has 8 MP back camera and the Moto X packs 10 MP rear shooter.

Battery - The Moto G has 2,070 mAh battery capacity. The Moto X and the Google Nexus 5 are equipped with 2,200 mAh and 2,300 mAh battery lives, respectively.

Price - The Moto G comes at an affordable price of $179 off contract in comparison to the more expensive Moto X which costs $499 without a binding contract. The Google Nexus 5's price starts at $349 for the unlocked version.