In SQlite you can perform all functions related SQL like create,delete..and also store large amount of data.But in Plist its you jst store .
Plist and SQLite have different use as below..
PList is a file format used to store a small amount of structural data (less than a few hundred kilobytes), typically a dictionary. PList doesn't have sorting capabilities in and of itself, although code can easily be written to sort it.
A property list is probably the easiest to maintain, but it will be loaded into memory all at once. This could eat up a lot of the device's memory
SQLite is a full-fledged database. File sizes (on an iphone) are essentially unlimited. Sorting capabilities are built in. Querying and relational table designs are possible. Performance should be as good as any sorting algorithm you might come up with.
An sqlite database, on the other hand, will load only the data you request. I'm not sure how your data is structured, but you could quite easily create key-value pairs with a single database table. (A single table with a key column and a value column) Then, if it were me, I'd write an Objective-C class to wrap the database queries so I can write easy statements like:
NSString *welcomeText = [[MyData sharedData] dataWithKey:@"WelcomeText"];
Getting the data into the database in the first place doesn't have to be difficult. You can use the command line sqlite3 utility to bulk load your data. There's a command called .import that will import your data from a text file.