Apple's new rival?

                                                                     By: Rachel

     Apple, for the first time in years, has a rival.  The maker of iPhones, iPads and iPods has never faced a challenger that can actually make a truly popular and profitable smartphone or tablet — not Dell, not Hewlett-Packard, not Nokia, not BlackBerry, but Samsung Electronics.

The South Korean manufacturer’s Galaxy S III smartphone is the first device to run in sales. Ofcourse the iphone is still more popular, but Galaxy S III is catching up. Samsung has emerged as a potent challenger to apple since they are armed with other galaxy phones and tablets. Apple is taking 72% of all the earnings while samsung's taking the rest. They are both very different though. Samsung Electronics, a major part of South Korea’s expansive Samsung Group, makes computer chips and flat-panel displays as well as a wide range of consumer products including refrigerators, washers and dryers, cameras, vacuum cleaners, PCs, printers and TVs. While Apple here creates new markets and dominating them, as it did with the iPhone and iPad, Samsung invests heavily in studying existing markets and innovating inside them. Samsung Electronics is slightly bigger than Apple in terms of revenue — $183.5 billion compared with $156.5 billion — but Apple is larger in terms of stock market value.