According to George
Leong, contributor to Profit Confidential,
the market for smartphones and tablets is extremely competitive and fierce
because there are hundreds of billions of dollars at stake. In California,
there is a battle in the courtroom between Apple and Samsung,
Leong notes; Apple is suing Samsung for $2.5 billion, because Apple claims the
Samsung smartphones and tablets look and feel like the “iPhone” and “iPad.”
In the article “Heavyweight
Bout—Apple vs. Samsung,” Leong investigates this battleground.
“…When is it illegal
to look at a competitor’s design and mimic it without actually copying it?”
asks Leong. “Yes, Samsung’s ‘Galaxy’ and Apple’s iPhone look similar, but …there
are enough subtle design differences to make Apple’s allegation somewhat
Leong claims that the
Samsung “Galaxy III” has a larger screen than the iPhone.
“The icons look
similar but so do the icons on other smartphones, such as those on the ‘BlackBerry,’
by Research In Motion,” argues Leong. In Leong’s opinion, when he looks the
Galaxy III, the iPhone doesn’t even cross his mind.
Leong thinks that for
Apple, it is a battle against its biggest rival, since RIM is essentially a
non-player at this time.
“Apple is market
leader in the booming tablet market,” says Leong. “The global market for
tablets is estimated to rise to around $31.9 billion this year with over 100
million units delivered”
Leong believes that
Apple knows this, which is why there is a court battle, as the company wants to
hold onto its market-leader status.
“Samsung is the market
leader and has a firm strangle-hold on the global smartphone market at around
44% versus 17% for upstart Apple,” reports Leong. “Apple is the market leader
in the U.S. with a 31% share versus 24% for Samsung”
Leong concludes by
arguing that the only reason why tablet market leader Apple is suing is that
the company views Samsung as a real threat.
Profit Confidential, which has been published for over a decade
now, has been widely recognized as predicting five major economic events over
the past 10 years. In 2002, Profit
Confidential started advising its readers to buy gold-related investments
when gold traded under $300 an ounce. In 2006, it “begged” its readers to get
out of the housing market...before it plunged.
Profit Confidential was among the first (back in late 2006) to
predict that the U.S. economy would be in a recession by late 2007. The daily
e-letter correctly predicted the crash in the stock market of 2008 and early
2009. And Profit Confidential turned
bullish on stocks in March of 2009 and rode the bear market rally from a Dow
Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a
gain of 99%.
To see the full
article and to learn more about Profit
Confidential, visit www.profitconfidential.com.