Can you believe it? The iPhone 4 comes with better hardware than the iPad, it even runs the same A4 processor, but it turns out that the tablet might be faster than Apple’s new iPhone.

Faster, you say? Yep, the first Geekbench tests reveal that the iPhone 4 is 31% faster than the 3GS, but definitely slower than the iPad. MacRumors reports:

“The iPhone 4 is known to use the same Apple A4 processor that is also found in the iPad, but Apple has never revealed the processor speed of the iPhone 4. The iPad is known to have a 1GHz processor. We looked at a few benchmarking utilities to see if we could determine if the iPhone 4’s A4 processor was the same speed as the iPad’s. Unfortunately, the state of benchmarking on iOS seems a bit primitive, and is further complicated by the fact that iOS 4.0 does not run on the iPad. GeekBench, for example, only runs on iOS 4, so we can’t compare it directly to the iPhone 4’s results. A couple of other benchmarking tools available produced some inconsistent results, so we can’t be completely confident in them, but it appears that the iPhone 4 is indeed faster than the iPhone 3GS but slower than the iPad.”

Now think about the faster, Retina Display-enabled iPad coming next year. Or maybe not, don’t think about it - just enjoy your new iPhone now. It’s a long way to new iPad rumors.