Having owned both of these phones myself, I much prefer the iPhone 5's display over that of the S III. Both displays are nice, but even compared to the display of my 4S, the S III's display looked yellow and a bit washed out, especially when browsing. Text was crisper as well on the iPhone. Sorry if that's not what you want to hear, but that's my experience, having owned both phones as well.
9/24/12 at 7:12pm