I have a UILabel with the string \'LA\'. I also have a CATextLayer with the same characters in an NSAttributedString assigned to its
UIKit generally uses WebKit for its text rendering (as visible in this crash log), most likely for performance reasons. If you really need super-precision then there are some custom UILabel reimplementations using CoreText as its back-end.
EDIT:
As of iOS7 this is no longer true since UILabel uses TextKit for its rendering which is based on CoreText as well.