Apple Inc. (AAPL): Can The Stock Recover With Stiffer Competition?
Samsung launched its latest salvo against Apple Inc. (NASDAQ:AAPL) in the ongoing war for global smartphone dominance last Thursday. And with BlackBerry’s new product, analysts are divided on where Apple shares go from here.
The new Samsung Galaxy S4 boasts a five-inch screen compared to the iPhone’s four-inch display and the “Air Gesture,” feature allows users to navigate their phone without actually touching the device.
“The fact of the matter is Samsung is coming out with new products more frequently than Apple is and that consequently has led to a significant advantage that Samsung has built upon given strong execution,” David Garrity of GVA Research said in a CNBC interview.
See the full CNBC video below:
Related ETF: Technology Select Sector SPDR (NYSEARCA:XLK)
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