The base 12-inch model is $999. The Pencil ($129) and Smart Keyboard Folio ($199) are not included. At $1,327, how does it compare specs-wise with the new 13"

The base 12-inch model is $999. The Pencil ($129) and Smart Keyboard Folio ($199) are not included. At $1,327, how does it compare specs-wise with the new 13" MacBook Air?