I did a quick look at the new Motorola Droid's specs and that thing is sporting a Snapdragon processor. Without getting too technical, it's a completely different (and weaker) architecture than what the new iPhone (and iPad) is sporting. So different that clock speed does not matter too much when comparing the two. It would be like comparing an Intel processor to a PowerPC in computers: you need to look beyond clock speed.
Stay off the internet BM.
edit - Here are some benchmarks comparing the two processors sporting the same clockspeed:
https://www.tipb.com/2010/04/04/apple-a4-snapdragon-clash-chipsets/