Tell Us: Is the iPhone 5 a Dud?

A recent issue of Consumer Reports that ranked the top smartphones in the U.S. placed the new iPhone 5 behind its rivals among many carriers. In fact, the trendy phone didn't even crack the top three for Verizon. 

Business Insider picked up on the magazine's story and speculated that while the iPhone has been a "mind-boggling" success for the past five years, other smartphone makers are starting to catch up. BI pointed to the recent success of the Samsung Galaxy S3, among others. 

The worry is that Apple will soon be eclipsed as the already hyper-competitive and ridiculously lucrative smartphone market continues to heat up. Of course, slipping from complete dominance to near dominance isn't entirely bad, plus rumors are already swirling that the software giant is prepping to have the iPhone 6 shipped by summer. 

How do you think the iPhone 5 stacks up? What does Apple need to do to make restore the iPhone to unquestioned preeminance among smartphones? Tell us in the comments section below!