Apple Vs Samsung: During a recent segment on CNBC’s “Squawk Box,” Alex Gauna, senior research analyst with JMP Securities, talked about Apple Inc. (NASDAQ:AAPL)’s struggle to keep up with the competition, mainly from Samsung.
Apple is actually the smart money’s second favorite publicly traded company (see why it’s important to pay attention to hedge fund activity).
Here is what Gauna had to say:
“The central issue is competition and getting its earnings back on the track to growth. … Android is more pervasive globally on smartphones and Apple doesn’t have an answer for that right now. You’ve got a Samsung coming soon with the Galaxy S4, it’s going to be coming out based on a Snapdragon apps processor from Qualcomm and Apple is not executing as crisply as some of the competition.”
As you can see, Gauna is concerned with where Apple Inc. (NASDAQ:AAPL) stands right now.
On March 14, Samsung is going to release its Android powered Galaxy S4 to the public in New York City.
For Apple, this could mean even more trouble. Samsung is already out in front in regards to market share, and it is safe to say that the release of the Galaxy S4 is going to bite even further into the iPhone’s share.
What is the problem right now with Apple Inc. (NASDAQ:AAPL)? Here is what a recent CNBC article had to say:
“One reason Apple has fallen behind Samsung in the smartphone battle is because the iPhone maker is still struggling to grow its market share in emerging markets. The iPhone’s high price point has kept the phone from growing as fast as its competitors in countries where the emerging class can’t afford to pay for the device.”
Fortunately, it appears that the company may be moving in this direction. For example, we talked earlier today about the potential for an iWatch debuting during 2013.
“They do need to come out with some new products, I think they do need to address the emerging markets. … Apple needs to find a strategy for that.”
Do you agree with what Gauna has to say? Share your thoughts on the future of Apple Inc. (NASDAQ:AAPL) vs. Samsung in the comment section below.
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DISCLOSURE: I have no positions in any stock mentioned.
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