Processor
The Lumia 1020 has Powered by a 1.5 GHz MSM 8960 processor with 2 GB RAM at the same time as the Lumia 925 powered by a 1.5 GHz MSM 8960 processor with 1 GB RAM.
Display
Both these phones have 4.5 inch pure motion HD+ OLED Display featured with 1280 x 768 Pixel resolution, 334 ppi pixel density and Gorilla Glass.
Camera
Nokia Lumia 1020 has comes with a 41 MP camera and also uses Xenon flash and Carl Zeiss Tessar lens. It also has a bunch of shooting modes and image editing options such as Panorama, creative studio and Nokia Smart cam. With Lumia 1020 you can shoot 1080p video and it also has another 1.2 MP front facing camera also. While the Lumia 925 packs with 8.7 MP cameras with Dual LED flash and it support 1080p video recording also.
Connectivity
Both Nokia Lumia 1020 and Lumia 925 have Wi-Fi 802.11 a/b/g/n, Bluetooth 3.0, NFC connectivity, Wireless charging, A-GPS GLONASS WLAN Network positioning and micro-SIM Support.
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