Analysts Say Samsung May Give Apple Some Real Competition

This week, smartphone giants Nokia, Motorola Mobility and Samsung posted fourth-quarter
earnings that, each in its own way, reflected the looming presence — and successes — of Apple.

Motorola CEO Sanjay Jha noted that the Android-booster had
made strides in the smartphone space during the quarter, but that sales were
nonetheless affected by Verizon’s announcement that it would soon offer an iPhone
4. Meanwhile, Nokia CEO Stephen Elop,
despite announcing that the world’s leading phone maker had managed to increase
smartphone sales by 38 percent during the quarter, conceded that Nokia still
hasn’t created a smartphone that can compete with the appeal of the iPhone or
top-selling Android devices.

"Nokia faces some significant challenges in our
competitiveness and our execution," Elop said a Jan. 27 statement.
"In short, the industry changed, and now it’s time for Nokia to change faster."

Samsung, however, had a different message for investors.
"Despite the difficult business environment, we achieved record-high results
both in terms of sales and operating profit in 2010," Robert Yi, vice president
and head of Samsung Electronics’ investor relations team,
said in a Jan. 28 statement.

The Korean device maker, following cues from Apple,
introduced a line of Galaxy S smartphones during 2010 that saw sales of 10
million units. The company also unveiled the
successful Galaxy Tab, its answer to the Apple iPad. Samsung’s overall mobile
device sales reached 80.7 million units during the quarter, bringing year-end
totals to 280 million units, thus "outperforming the overall market," Samsung
noted in its earnings statement.

For more, read the eWeek article: Samsung May Be Apple’s First Real Mobile Competitor: Analysts.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

Get the Free Newsletter!

Subscribe to Daily Tech Insider for top news, trends, and analysis.

Latest Articles