Wednesday, January 15, 2014

Samsung and Apple Rivalry

Introduction

    Have you heard of the I Phone 5s? Or maybe the new Galaxy Tab III. Whatever it is, millions and millions of people use Apple and Samsung products. But that's not what this blog is about. This blog is about the rivalry between the two enormous companies, Apple and Samsung. As of March 25, 2010, Apple was worth an astonishing $207.99 billion dollars! Its former CEO and founder, Steve Jobs, who died on October 5, 2011. Now, let's talk about Samsung. Samsung reported that it is worth about 172.5 billion dollars. Its founder is Lee Byung-chul, one of the most successful businessmen of all of South Korea.

Apple Inc.

    Apple is a multinational company that creates many consumer electronics such as computer, laptops, and much more. For over 20 years, Apple has been manufacturing Apple computers, like Macintosh computer and the Apple II. But then, Steve Jobs got ousted from Apple in 1985. Finally, he came back in 1996. Next year, he became the company's interim CEO, which soon became permanent. And according to Wikipedia "With the introduction of the successful iPod music player in 2001 and iTunes Music Store in 2003, Apple established itself as a leader in the consumer electronics and media sales industries, leading it to drop "Computer" from the company's name in 2007. The company is now also known for its iOS range of smart phone, media player, and tablet computer products that began with the iPhone, followed by the iPod Touch and then iPad. As of 2012, Apple is the largest publicly traded corporation in the world by market capitalization, with an estimated value of US$626 billion as of September 2012."

Samsung

In 2013, Samsung began construction on building the world's largest mobile phone factory in the Thai Nguyen province of Vietnam."

    Samsung is a South Korean multinational electronics company. It was founded by Lee Byung-chul, who later died in 1987. It was originally a trading company, but after Lee's death, the company divided into 4 groups. The 4th group called Samsung Group was the one involved with all the electronics. Samsung has increasingly globalized its electronics and activities. According to Wikipedia"Samsung has a powerful influence on South Korea's economic development, politics, media and culture, and has been a major driving force behind the "Miracle on the Han River". Its affiliate companies produce around a fifth of South Korea's total exports. Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP.



The Rivalry

Samsung and Apple have been "rivals" for a long time now. Samsung's increasing sales has scared Apple, because there is a chance that Samsung might take Apple's spot as the "king of electronics." So, in return, Apple has sued Samsung for copying its touch screen electronics. However, that barely helped Apple, because after the case, Apple went down 18% in stocks, losing 108 million dollars, while Samsung went up 16% in stocks. This rivalry may last a long time. Will we ever know who will truly be the king of electronics?


Top Ten Most Popular Phones

  1. Samsung 19300 Galaxy S III
  2. Sonia Xperia S
  3. HTC One X
  4. Nokia 808 PureView
  5. Apple iPhone 5
  6. Samsung Galaxy Note II N7100
  7. Samsung Galaxy Y Duos S6102
  8. Sonia Xperia U
  9. Nokia Asha 311
  10. Samsung Galaxy Ace Plus S7500



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