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BASKING RIDGE, N.J. (

TheStreet

) --

Motorola's

(MOT)

latest, greatest phone, the Droid 2, is finally on deck, and looks set to intensify the competition with

Apple's

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iPhone.

>>Droid 2 Makes Motorola a Buy

Hot on the heels of the last month's

Droid X launch

, Motorola confirmed on Wednesday that the Droid 2 is available for pre-sale ordering.

Sold via

Verizon

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, the Droid 2 offers twice the speed and memory of the original Droid phone. Built around version 2.2 of

Google's

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Android operating system, the Droid 2 comes with

Adobe's

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Flash Player 10.1 software pre-installed.

Analyst firm the NPD Group recently reported that

Android had overtaken Research In Motion's (RIMM) BlackBerry OS

as the most popular U.S. smartphone operating system, thanks partly to Motorola.

NPD listed Motorola's Droid as the most popular Android phone, explaining that the Google OS accounted for 33% of all smartphones purchased during the second quarter.

Motorola expects to sell

12 to 14 million smartphones in 2010

, although the company's stock retreated with the broader tech sector on Wednesday.

The phone maker's shares fell 38 cents, or 4.73%, to $7.66 as the Nasdaq slipped 2.97%.

-- Reported by James Rogers in New York

Follow James Rogers on

Twitter.