I'm currently debating between these 2 phones at the moment and was all set on the G3 until I played with one in a shop briefly this evening.
Its a great phone, but I also tried a M8 and the M8 was certainly faster and smoother. I also liked the tone of the M8s screen more.
I need to have a proper look at both of them but having played with both the decision isn't as clear cut as I had thought.
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I'd recommend you make a list of what you think is the positives of each. Then rule out the positives they both share. Of the remaining positives of each determine which of those would apply to the way
you have used a phone in the past, and plan to use it going forward.
Examples:
HTC One m8 has better speakers/sound system. (If you don't normally listen to music on your phone or watch videos on your phone then this may not be that useful to you, but if you plan to listen to more music, or watch more videos on your phone then you may want to weigh this perk more heavily).
HTC One m8 has free screen replacement if you break it during the first six months. (If you've never dropped your phone, or you've only done it a few times, making minor drops, and put thick/durable cases and screen protectors on your phone then this may not be as important. However you may want to keep in mind that one small accident can quickly lead to an unexpected break, and also factor in the environment you leave your phone when not secured to your person - could someone or something you are often around accidentally break it).
Battery life: Historically have you had your phone die on you because your battery ran out? Have you had it happen often? If so, you may want to go with the one with the longer battery life. Make sure you factor in which carrier you have. There can be dramatic differences between the battery life on same model phones between one carrier's model and the other's.
Responsiveness and crashes: Which one launches the applications you use most faster? Have there been many reports of apps you use a lot crashing on either of those phones? (Keep in mind forums can make things look like more of an issue then they may be. A few people having an issue are more likely to post then a bunch of people who have a smooth trouble free experience). My old phone (Samsung Stratosphere) had a habit of crashing out of web browsers to the home screen without any error message. My new phone I have yet to experience a crash from any application I've used.
Software Updates: How important are software updates and bug fixes to you, and are you someone who wants them right away when they're released or are you someone who is ok with waiting to receive your updates even if its months after someone with the other phone might get them. Both companies may be good about distributing updates, but one vendor may distribute updates more often then another. Your carrier may also be a factor in what updates you get, and when (if ever) you get them. Does that matter to you?
Generally its better to go with a system you know will work the way you want now as opposed to hoping that a buggy or weak feature will be fixed/improved somewhere down the line.