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Consumer Electronics

Samsung To Release New Galaxy Phone

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By Douglas A. McIntyre Published
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Samsung says it will release the third generation of its flagship. It will be called the Galaxy S. That is a bit like the Apple (NASDAQ: AAPL) iPhone 4S, at least the way it reads. Samsung, has by most measures. taken the lead in global smartphone sales, although most analysts believe its profits are very small–especially compared to Apple’s.

Samsung has sprinted by other companies in the industry. That includes Motorola, which use to be No.2 in the industry with it RAZR, just seven years ago. Also left behind are No.1 handset company Nokia (NYSE: NOK), which has now married itself to the Microsoft (NASDAQ: MSFT) and it Windows Mobile OS. The new Lumia 900 Nokia phone had an embarrassing software glitch. This product was supposed to revive its fortunes in the sector

Also in the race for a modest piece of the market are LG, HTC, and the rapidly deteriorating Research In Motion (NASDAQ: RIMM)

Unless one of the smartphone companies well back in the pack makes an unexpected move, Samsung and Apple have the market nearly to themselves. It the Galaxy S has features close to the iPhone, Apple may be pressured to release its new iPhone 5

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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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