Apple brings in $1 billion per month in profit from iPhone sales. Google's Android operating system has garnered a huge amount of market share gains. Both companies are considered the leaders in mobile products and software. Samsung, however, is on its way the top. Google and Apple both are now in the electronics game against the South Korean mega-company, which is now the largest producer of handsets in the world. Because Samsung is a new and additional leader in the daily-evolving phone technology business, the competition between the three major companies will be a neck and neck race for an unreachable finish line, and innovation will begin to increase at an even faster pace. Innovation is always good news for consumers.
Samsung introduced its new and greatly anticipated Galaxy S4 last week in New York City, revealing a new technology that showed hands-off, eye-tracking capability, among other things. Google and Apple are in the middle of developing next generation technology, things like wearable computers and other sci-fi like products.
Apple held 69 percent of the market in 2012, while Samsung had the rest at 30.3 percent. This is a large difference compared to their 2011 closing number, 19 percent, reported Reuters. Samsung reported a 76 percent increase in profit in January owed in large part to the sales of their Galaxy phone and tablet devices.
Regardless of the competitive mobile technology landscape and the massive amount of complexities that come with it, Apple continues to produce the most admired products in the market and remain in control (70 percent) of all smartphone-industry profits.
Google: The Android operating system designed by Google is still top of the line. But now with the growing provocation by Samsung to capitalize its name as the new global leader in handset technology, there is one surefire thing for consumers to count on. Innovation. More competition means newer, cooler, sleeker, smaller and advanced products will hit the shelves.
