This fall was highly anticipated due to the massive amount of devices that were to be debuted, mainly because of the Galaxy Note 4 and the iPhone 6. Well, September 3rd and September 9th have now passed, and we are left with four new devices. Two from both Samsung and Apple. Apple debuted their flagship iPhone in two variants, a 4.7 inch base device and a 5.5 inch premium device. Samsung debuted their iconic Galaxy Note in two variants as well, one with a standard display and another with a curved display.
Since the release of the Galaxy S5 didn’t go as well as Samsung had hoped, they shifted all of their attention to the upcoming Note to make up for the sales. Leading up to the release of the S5, Samsung’s shares were as low as they had been since August of 2013, but the device seemed to pick up the slack for awhile leading to Samsung’s stock peaking on May 30th, around two months after the release of the S5. It has been on a downward trend since.
Thanks to the debut of the Note 4 and the Note Edge, Samsung’s stock has been on a slight rising trend, even with the debut of the iPhone 6 and 6 Plus yesterday. One thing that could derail this recent upswing is the release date of the new devices. Originally it was thought that Samsung moved up its debut and release date to take the iPhone 6 head-on and beat it on to the market. After the debut of the new Note devices, Samsung said the device would be released in October; the rumored release for the Note 4 and Note Edge is Friday, October 10, 2014.
Yesterday, the iPhone 6 was debuted, and it was expected to be released in October. Apple completely did a 180 and will release the two iPhone variants on September 19, 2014 in most markets. This throws a wrench into the gears of Samsung. Samsung was expected to beat the iPhone to the market to convert the consumers on the edge of iOS and Android to upgrade to the Note 4 or Note Edge. Those consumers on the edge may now go to Apple if they want to upgrade sooner.
We will have to wait for the Notes to be released this October. Samsung will definitely sell a lot of devices, but Apple will as well. Will the Note 4 and Note Edge be enough to take on the iPhone 6 and iPhone 6 Plus? We’ll have to wait and see.
What do you think? Will the Note series help salvage some profits for Samsung or will their smartphone profits continue to dwindle?
Images courtesy of Google Stocks and Android Central