Many of the newer phones have been declared the “iPhone Killer,” but most of them simply don’t deliver. In the end, it seems like the iPhone is still a big deal, but is it really the king of all smart phones? Some of the newer devices are certainly giving it a run for its money and one of those is the Palm Pre. While it hasn’t been released yet, we do have a good amount of information regarding the Pre. Based on this, we’ve done a point by point breakdown of the two devices to help you decide which is right for you.

1: Multitasking. Everyone multitasks these days, and if your smartphone can’t keep up with you, it’s just not going to be that helpful. Well, the iPhone actually has some major issues with running more than one application at a time. In fact, multitasking on the iPhone really isn’t possible. With the Palm Pre, however, you can run multiple programs at once with no problem. Point for the Pre.2: The Touchscreen. All new smartphones seem to have a touchscreen, but few support multitouch. This means you can use two fingers to register input on two different parts of the screen. Both the iPhone and the Pre support multitouch, with the Pre being the first phone other than the iPhone to do so. This area looks to be a tie.

3: The Keyboard. People still like physical keyboards, and the Palm has a full QWERTY keyboard. The iPhone, of course, features an on-screen virtual keyboard, and while that’s really cool, it’s not what a lot of people want. Point for the Pre here, although this could change depending on what a users preference.

4: Design. You can’t help but notice the iPhone’s very slick design. It’s incredibly sleek, and while the Pre looks better than previous Palms, it still looks a bit dated with the way the keyboard slides out. The advantage in design probably goes to the iPhone.

5: The Internet. One of the main reasons of buying a smartphone is for the online functions, and the Pre really shines here. It will automatically pull in your contacts from a variety of sources, including IMs, Gmail, and even Facebook! It kicks out duplicates, too, which is great. On top of that, the Pre’s web browser claims to be four times faster than Safari. What more do you want? Winner: the Pre.

6: New Apps. Palm has traditionally been, well, traditional when it comes to apps, and some have noted they seem to be behind both Apple and Windows. However, Palm is working to correct that, although they haven’t released that much information. The iPhone already has an established market of available apps, so the Pre will have to play catch up.

7: Battery Life. Hate charging your phone every day? Battery life is a major concern, especially if you’re going to be out of the office most of the day. The iPhone doesn’t have a removable battery, so there’s no way to carry a spare and swap them out. The Pre’s battery can be popped right out and replaced, so there’s no question about who wins here.

8: The Camera. If you want to snap some pics with your phone, you’re going to want the Pre. It features a 3 megapixel camera, while the iPhone only has a 2 megapixel one. The Pre also features an LED flash, which the iPhone does not. Once again, the Pre picks up the win.

When it’s all said and done, the Pre comes out slightly ahead. It really comes down to what you need. The iPhone has a line of established applications and has new ones being developed. They’ve also got the cooler looking phone, and if you like the touchscreen, the iPhone is for you. However, if you like the traditional physical keyboard, want a better camera, and need to multitask, the Pre is your phone. Is it an iPhone killer? Probably not, but it does trump Apple’s device in several ways.