Richard Das

AppleInsider | Apple's iPhone 4 Retina Display places first in lab tests

In their bundled software however, only the iPhone 4 actually displays 24-bit color. Android’s photo application is crippled to only support 16-bit color, reducing the Motorola Droid X to the same performance as the Incredible and EVO, expressing color banding and jaggies due to their significantly lower color resolution.

Interesting article revealing Apple choosing performance over theoretical specification in their display hardware.