Time Magazine has awarded the iPhone 5 the title of "Gadget of the Year" for 2012. In his piece on the phone, writer Harry McCracken calls the device "one of the most artfully polished gadgets anyone's ever built," and claims it outperforms other "nifty" smartphones like the Samsung Galaxy S III, which isn't included in his top-ten list despite the presence of the Galaxy Note II in eighth place. "When it comes to melding hardware, software and services so tightly that the seams fade away, Apple still has no peer," McCracken argues.