Analysts are now weighing in on yesterday’s release of the Samsung latest strike against Apple, the release of the Samsung Galaxy S4.
Released at an event in New York’s Radio City Music Hall, The Samsung Galaxy S4 looks very similar to the Galaxy S3 but has an improved screen, camera and components, as well as lots of cool software features like language translation. Samsung is making Apple’s iPhone look like yesterday’s hot smartphone.
Many of the analysts at Apple remain confident that Apple will be able to maintain its strong position in the high end of the smartphone market. They have been noted as saying that the updates were more evolutionary than revolutionary.
Gene Munster, an analyst at Piper Jaffray, called the Samsung Galaxy S4, “an incremental update akin to iPhone S models.” He noted that the updates largely were evolutionary and while some of the software features are “unique,” the improvements are “minor compared with what Siri was to the iPhone 4S or even Google now to Android.
Piper also expects Apple to maintain a low 40 percent share of the high-end market. Head of Samsung’s mobile business and Samsung’s newly appointed co-CEO, JK Shin, told The Wall Street Journal that he’s not satisfied with Samsung’s market share in the U.S.
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