In terms of general speed, how good is the Iphone 5?

Does it freeze alot? Or is there a better smart phone because my contract runs out soon and I can get an upgrade

Please TRY NOT TO GIVE ME BIASED ANSWERS, FOR IPHONE OR ANY OTHER PHONE.

BE FACTUAL. NOT BIASED.

It be mad good. I hade a iphone 4 and wen i got the iphone 5 i was like woah it be mad fast mayne

Well iphone 5 processor is A6 for my exp ip5 is really fast specialy in app games and surfing but smartphones like S3 are more faster too but it depends how many rams in the smartphone like there S3 there's 1gb ram and the korea version has 2gb ram so imagine that you have 2gb of ram. Iphone 5 have 1gb ram pretty decent too

IOS doesn't require much hardware power what Android does.So, even Iphone 5's A6 cpu is clocked lower than Android Super phones, it can deliver excellent power. And A6 cpu is well designed and well made. And it's GPU is one of the fastest in the world.So, it delivers rock solid performence. It doesn't freeze a lot.
Of course there are better smartphones. For example, Htc Droid DNA aka Htc butterfly has a 1080p display, a way too fast Quad core cpu along with most powerful mobile gpu, 2GB Ram, more capable Android 4.1 jelly bean OS etc etc. Or Galaxy Note 2 can be considered better.
And you don't need to worry about performence of those phones. All of the three are solid performers.