The battle between Apple Inc. (NASDAQ:AAPL) and Samsung is known to everyone and the iPhone maker is now coming up with bigger screen phones to compete with its rival.
Neil Cavuto of Fox Business was joined by Accent Asset Management CEO, Scott Martin, national Republican fundraiser, Noelle Nikpour and Independent Women’s Forum’s Hadley Heath Manning, to discuss about the competition between Apple Inc. (NASDAQ:AAPL) and Samsung. They were discussing about an ad of the Korean Smartphone maker taking a dig at Apple Inc. (NASDAQ:AAPL), which has been keeping its consumers waiting for the new iPhone.
Cavuto said that Samsung is telling the iPhone maker that they the coolest company between the two and he was wondering if it was too late for Apple Inc. (NASDAQ:AAPL). Martin said that it is not too late, though he accepted that Samsung has made big strides and has become the biggest competitor for the #2 brand in the world. He also compared this battle with the Coke Vs. Pepsi battle and he said that with Nokia getting out of the picture and other companies like HTC and Blackberry not catching up, it is between these two companies now.
“These guys sue each other every month for billions of dollars for all kinds of funny stuff,” Martin stated.
Manning thinks that people will buy the bigger phones from Apple Inc. (NASDAQ:AAPL) and she added that Apple is the market leader, with about 41% market share. She did agree with Martin that Samsung is making good strides, though its market share is less than 30% today. However, according to her, people are still in love with Apple Inc. (NASDAQ:AAPL).
Nikpour said that in such a competition, the consumer always wins because the companies would need to get it dead right to stay in the competition and they will need to give nothing but the best. She said that the consumer would win in any case with such a competition because the sizes would just be going up and down, but the quality would be near perfect due to the competition.