What about the screen colours of the new iPhone 5?

I noticed that Samsung Galaxy S3 has a really good screen, not just big, but the colours of the images and the videos are really great, it seems to be watching a small television, not a phone.
What can you say about the screen of the iPhone 5? Is it as beautiful as the Galaxy s3 one?

(Sorry if my english is not good, but I'm Italian, and here the iPhone 5 is coming out on the 28th of September; this is the reasong why I'm asking to you Americans)

Iphone 5 screen specs:

Physical size: 4 inches
Resolution: 640 x 1136 pixels
Pixel density per inch:326 ppi
Technology: IPS LCD
Colors:16 777 216
Touchscreen: Capacitive, Multi-touch

Samsung Galaxy S3 screen specs:
Physical size: 4.80 inches
Resolution: 720 x 1280 pixels
Pixel density per inch: 306 ppi (lower because of the screen being 0.8 inches bigger)
Technology: Super AMOLED
Colors: 16 777 216
Touchscreen: Capacitive, Multi-touch

The screen is pretty close to the same, But some people may like LED better (less power consumption then LCD) and the fact the screen is bigger on the S3.