• An attendee holds the Apple Inc. AirPod wireless headphones next to the iPhone 7 Plus during an event in San Francisco, California, U.S., on Wednesday, Sept. 7, 2016.

An attendee holds the Apple Inc. AirPod wireless headphones next to the iPhone 7 Plus during an event in San Francisco, California, U.S., on Wednesday, Sept. 7, 2016. (Photo : Getty Images/David Paul Morris)

Apple and Samsung dominate the smartphone market when it comes to giving flagship phones with a combination of potent hardware, functional software, and unique features. The Cupertino-based tech giant has released the iPhone 7, taking things a notch higher by incorporating an advanced processor and other features. Here is how Apple's flagship phone compares with the Samsung Galaxy S7:

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Features

The iPhone 7 comes with IP67 dust and waterproofing, which means it can withstand water submersion up to 3 feet for 30 minutes, according to PC Magazine. On the contrary, the Galaxy S7 has IP68 waterproof, which allows users to submerge the smartphone in 6 feet of water for 30 minutes. It is hard to differentiate the two phones for most users in real-world usage since both devices can survive spills, rain, and drops into toilets.

The iPhone 7 should survive water well as long as the user does not go swimming. For swimmers, it is advisable to use the Apple Watch Series 2, according to another report by the same publication.

Apple may have gotten rid of the headphone jack from the iPhone 7, but that does not imply that it is poor on sound. The smartphone now comes with dual stereo speakers, one on the back and the other on the front, which the manufacturer claims are two times louder than the iPhone 6s. The Galaxy S7 has one speaker on the bottom, which may not compare well with the iPhone 7 dual stereo speakers.

Processor and Battery

iPhone 7 is equipped with a 64-bit A10 Fusion chip, which is one of the most powerful new processors on the market. Apple claims that this chip is 50 percent faster than the A9, it has a better GPU, and gives users console-level gaming on the device.

The chipset should be able to match the 64-bit octa-core Snapdragon 820 SoC on the Galaxy S7. While the iPhone 7 is said to come with 2GB of RAM, the S7 pack 4GB of RAM.

Furthermore, the iPhone 7 has a battery boost, which allegedly can last two hours longer than the iPhone 6s with a wireless video playback time of up to 13 hours. Samsung Galaxy S7 battery can last nine hours when streaming full-screen video over LTE at maximum brightness.

Price and Availability

Customers will receive the iPhone 7 in jet-black, black, gold, rose gold and silver colors. The phone comes in three configurations: the 32GB for $649, 128GB for $749 and 256GB for $849. However, the jet-black and black variants only come in 128GB and 256GB configurations.

Pre-orders commence on Sept. 9 and shipping will start on Sept. 16. The iPhone 7 will be available on AT&T, Sprint, T-Mobile, Verizon, and directly from Apple.

Samsung Galaxy is already on the market and available in the United States for $672 or $699.99 unlocked on the four major carriers. While it only has a configuration of 32GB, it does support microSD cards, though with Android's adoptable storage disabled. As a result, the base configuration for the iPhone 7 is slightly more affordable.

The bottom line is that both the iPhone 7 and Galaxy S7 are excellent smartphones that share premium builds, potent hardware, and many great features. Here is footage for more information: