Samsung released its brand new foldable phone on Wednesday

Sooner or later, the smart phone as we know it today will be old and unfashioned. But what is the future gonna look like. Its an evolution and a new chapter in mobile begun today with Samsungs brand new foldable phone.

The GalaxyFold is Samsungs most significant leap forward, completely reinventing the shape of mobile with their first-ever foldable 7,3 inch Super AMOLED infinite-Flex Display. Their brand new foldable phone comes out ten years after the first Galaxy. They didnt just change the shape of the phone, but they changed the shape of tomorrow.

Samsung`s new gadget has a very special display that can fold open and be used like a tablet og this innovative product is the first of its kind. A new chapter has begun and other companies will follow very soon.

The new foldable phone is released at a time were both Samsung and Apple are struggling to get paid in the higher price range like $1000 to $2000. Samsungs new foldable phone will cost up to about $2000 and that can be a big challenge for Apple if they dont react fast.

Samsung first made known a prototype of the Galaxy Fold in November last year and now it is on the market. It operates on a version of Google Android that automatically adjusts for both tablet and phone modes.

The Apple stocks is up about 9 percent so far this year and it has declined to about $171 from its peak in October of last year. Now, they have a real big challenge, but it can also be a huge opportunity. What is Tim Cook`s next move?

Samsung plummeted about 20 percent last year, but the stock is now up more than that, so the company has faced a sharp recovery from the crash. They are leading the race over Apple with their flexible OLED technology.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Stocks

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.