Posted March 14, 2013 by Mark in World

Samsung’s Galaxy S4 heading straight to the Big Apple core - 005930, AAPL, GOOG, MSFT, NOK1V, JPM, QCOM & GOOG

Northern, WI 03/14/2013 (avauncer) - Samsung has unveiled its new Galaxy S4 in New York just a few blocks away from Apple Inc (NASDAQ:AAPL)’s flagship store. This is a straight hit to all iPhone loyalists and there will also be a live broadcast of the event in Times Square. Tomorrow, the Samsung smartphone will be debuting at the Radio City Music Hall. This move will bring the duel right out into the strongest market that Apple Inc (NASDAQ:AAPL) has. The phone sports a snazzier camera and cutting-edge features. It also has eye-tracking abilities and the company is relying on a strong advertising campaign. Its aim is to create the kind of awareness that Apple products create.

Attacking on home ground

All of this is proving that it is as good at innovation as Apple Inc (NASDAQ:AAPL) is.

The iPhone was the pioneer product in 2007 in the touch-screen phone market. Over a year ago, Samsung became the world leader in this segment but Apple still holds first place in the U.S. New York is the Apple Inc (NASDAQ:AAPL) home ground and the Samsung event will definitely have big implications. This is the first instance that a Samsung Galaxy S phone is being launched in the U.S. The screen of the S4 is a little larger than the S3 that was launched last year.

Cutting-edge features

The S4 version that is being launched in the U.S will use the quad-core chip manufactured by QUALCOMM, Inc (NASDAQ:QCOM). This chip will allow the user to multi-task more effectively and add to the processing power of the phone. The Samsung Electronics Co., Ltd (KRX:005930) “octacore” technology which runs on an eight-core chip will be used in other markets. The Galaxy S4 will have a 13-megapixel camera and a higher density. This phone operates on the Google Inc (NASDAQ:GOOG) Android software and is all set to outrun its competitor the Apple Inc (NASDAQ:AAPL) iPhone.

Apple facing rough weather

The latter has no new phone-launch planned till mid-2013 and the S4 definitely spells trouble. Apple Inc (NASDAQ:AAPL)’s last quarter sales growth has been the slowest in over two years and is an indication of the fact that the iPhone is losing its luster as better smartphones hit the market. The buzz that Apple used to create at one point of time has cooled-off considerably. The iPhone5S is slated to hit the market only late in the second quarter or early in the third quarter. Apple has been facing severe supply constraints and mapping-software glitches in the iPhone5 that was released last year.

Growth will slow down

There is a possibility that the target price for Apple may go down as well as there could be a possible delay in the casing colors of the new phone. For the last six years since the first iPhone was launched, Apple Inc (NASDAQ:AAPL) has been launching a new product every summer and fall. On the other hand, Samsung Electronics Co., Ltd (KRX:005930) has been facing challenges of its own. The Global market today stands at $358 billion and is near saturation. Growth has been projected to slow-down from the 27 percent that it is at this year to 9.8 percent in 2017. In addition to this competition, it also has to deal with the Chinese $100 handsets. The S3 is currently sold for $200 in the U.S.

Shares of Samsung Electronics Co., Ltd (KRX:005930) went down by 0.46% to close at $1,520,000

Shares of Apple Inc (NASDAQ:AAPL) went down by 0.02% to close at $428.35

Shares of Google Inc (NASDAQ:GOOG) went down by 0.28% to close at $825.31

Shares of Microsoft Corporation (NASDAQ:MSFT) went up by 0.02% to close at $27.92

Shares of Nokia Oyj (HEL:NOK1V) went down by 1.98% to close at $2.68

Shares of JPMorgan Chase & Co (NYSE:JPM) went down by 0.24% to close at $50.16

Shares of QUALCOMM, Inc (NASDAQ:QCOM) went down by 0.43% to close at $66.75

Shares of Google Inc (NASDAQ:GOOG) went down by 0.28% to close at $825.31


Mark Vansetti founder and editor of three-time Rondo Award nominated movie news websites ERSInk.com, MovieGeekFeed.com, and TheSpectralRealm.com. He also served as a news reporter for the award winning movie website GordonandtheWhale.com. His work has been featured on Yahoo! Movies, Yahoo! News, Yahoo! TV, Associated Content from Yahoo!, DC Comics, StarWars.com, KISSOnline.com and The Movie Pool. Mark Vansetti is also a licensed attorney and, along with his Juris Doctor, holds a B.S. in Human Biology and a B.A. in Economics. Throughout his professional career, he has written on a variety of topics for the American Bar Association Health Law Section, Findlaw, Yahoo!, and other websites. He also served as the senior editor of the Law Review at the law school he attended.