A marketing campaign that lampoons Apple has helped Samsung widen its lead in the global smartphone market, with a 28% share, up from 20% a year ago.
Samsung Electronics is succeeding where other technology companies have tried and failed: closing the coolness gap with Apple (AAPL).
The deep-pocketed Korean company has used a combination of engineering prowess, manufacturing heft and marketing savvy to create smartphones that can rival the iPhone in both sales and appeal.
Samsung, the market leader in smartphones, on Jan. 25 said its fourth-quarter profit surged 76% to a record high on the strength of smartphone sales, including its Galaxy S line. Many shoppers consider the latest version to be comparable to an iPhone -- in both design and technical features.
Apple, meanwhile, reignited concerns about demand for its iPhone 5 after reporting flat earnings for the holiday quarter, sending its stock down 14% in two days. The stock has also dropped 37% since hitting an all-time high on Sept. 19, just two days before the iPhone 5 launched in stores.
At that time, Samsung had just unleashed an aggressive marketing campaign including a television commercial that poked fun at the iPhone 5. "The next big thing is already here," the spot said, referring to its Galaxy S III phone.
It could happen, given the irrationality driving the stock up today, and Apple shares down. But be careful: Netflix's business model remains unsustainable.
Here's all you need to know about Netflix (NFLX).
No. 1. The same flavor of irrationality that drives Apple (AAPL) down will take NFLX back up to $300.
Go ahead and laugh. But before you do, realize I've called this thing every step of the way:
Timestamp it: NFLX will hit $300 by summer.
The search giant's profit increased by nearly 7% in the final quarter of 2012, as the company stemmed a slide in ad revenue.
This week, technology companies take their turn in the spotlight. And for some of them -- notably former market superstar Apple (AAPL) -- that's proving to be a most uncomfortable place to be.
The technology universe offers a muddled outlook, and that may be why the Nasdaq Composite Index ($COMPX) has lagged in recent weeks as other major market indicators have either set new highs -- the Russell 2000 Index ($RUT) -- or broken above technical barriers and into territory not seen in months -- the Standard & Poor's 500 Index ($INX). For the year, the Nasdaq is up about 4.5%, while the S&P 500 has risen closer to 5% and the Dow Jones Industrial Average ($INDU) has climbed 5.1%.
Apple's hardware is great, and its well-tended operating system is beautiful. But behind the garden walls are bars that restrict your choices in all kinds of ways.
If you don't like personal stories about infidelity, please read no further.
After being in love with my iPhone for several years now, my attentions are increasingly being pulled elsewhere -- and I'm not fighting it. I've been an iPhone fan since I first got my hands on one: It instantly made my BlackBerry feel like an ugly brick that was designed by orangutans.
All I wanted to do was hold my iPhone forever, and that's almost exactly what I've done since I first got one -- until I switched to using an Android phone over the holidays.
I didn't decide to try an Android phone because I was dissatisfied with Apple (AAPL) or the iPhone. I still think the iPhone is one of the best-designed, most appealing products I've ever used. I have a MacBook Air and an iPad that I also love using, and I recommend them whenever I get the chance.
But I will confess that I have been looking enviously at Android phones after seeing friends using them and even more after borrowing one last fall for a trip to Amsterdam.
The tech pioneer's push into new markets and its tendency to be tight-lipped about its plans make it exceptionally hard to read.
Apple (AAPL) is expected to report record iPhone sales and revenue today when it releases its earnings for the holiday period.
But it isn't current sales that Wall Street has focused on as Apple's stock has swooned recently. It is that the Cupertino, Calif., company's future is getting harder to read.
Apple's push into new markets and its complex supply chain are making its growth prospects difficult to understand and predict, say longtime investors and analysts. The company missed analysts' estimates the past two quarters.
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[BRIEFING.COM] The stock market ended the Thursday session on a mixed note ahead of Friday's nonfarm payrolls report for February (Briefing.com consensus 163K). The Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.2%) posted modest gains while the Nasdaq Composite (-0.1%) lagged throughout the session.
Equities began the trading day on an upbeat note following comments from the Bank of England and the European Central Bank, both of which reaffirmed their commitment to ... More
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