What is the difference between “text” and new String(“text”)?

Question

What is the difference between these two following statements?

String s = \"text\";

String s = new String(\"text\");

Answer 1

@Braj : i think u have mentioned the other way around. Please correct me if i am wrong

Object creation line by line:

String str1 = new String("java5")

   Pool- "java5" (1 Object)

   Heap - str1 => "java5" (1 Object)

String str2 = "java5"

  pool- str2 => "java5" (1 Object)

  heap - str1 => "java5" (1 Object)

String str3 = new String(str2)

  pool- str2 => "java5" (1 Object)

  heap- str1 => "java5", str3 => "java5" (2 Objects)

String str4 = "java5"

  pool - str2 => str4 => "java5" (1 Object)

  heap - str1 => "java5", str3 => "java5" (2 Objects)