Galaxy S4 and Apple iPhone Common Bond — Hype

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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As J.K. Shin, the head of Samsung’s mobile operations, hit the stage at Radio City to launch the new Galaxy S4, the huge video screen behind him made the whole presentation look like those Steve Jobs used to put on when he launched new Apple Inc. (NASDAQ: AAPL) products.

In the minds of many people, this commonality may be the most obvious link between the two smartphone titans, only trumped by the similarities of the products themselves. But the most powerful common thread between Apple and Samsung product releases began long before either Jobs or Shin took their stages. The products they introduced were hyped in the press and by potential buyers for months, sometimes a year, before their actual releases.

The power of long-term hype cannot be underestimated. Tens of millions of people, both in the United States and abroad, knew about what they believed would be the most important features of the Galaxy S4 because the press and bloggers told them. Or at least they told them about rumors and secret product plans, or stealthily gathered photos of the smartphones.

Apple and Samsung hardly needed to formally release their products, or promote them or pay for marketing. Tens of thousands of people were bound to line up at Apple stores for iPhones and Verizon Wireless and AT&T (NYSE: T) locations to be the first, second or third people to own the new phones.

One of the uncanny aspects about the hype and rumors are that the closer products get to launch, the more accurate the speculation becomes. Most of the features for the S4 guessed at in the press, or gotten surreptitiously from Samsung employees, where present when the handset was released. The same usually is true of Apple products. There is almost no need for the companies to list the new features in detail. Outsiders already have done that for the two consumer electronics giants.

Samsung has gained significantly from its competition with Apple. Its engineers have run a race to match or better the features of the iPhone, which makes the S4 an impressive product. If Samsung has learned one thing above all from Apple, it is that the press and broader public will introduce its products for it.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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