The smartphone you’re holding in your hand represents more than a link to all of the technology the 21st century has to offer. It’s also a key piece in the war of Apple vs. Samsung!
This war isn’t just being fought in commercials, though. These two mobile giants have taken their fight to court! Most recently, Samsung was found to have infringed on two of Apple’s patents. As a result, some of Samsung’s products will never go on sale in the U.S.
Apple wants more Samsung phones permanently banned from the market, because they allegedly violated several other patents. As of mid-2013, Apple has filed four patent cases in the U.S. and dozens more abroad.
How did all of this fighting begin?
Apple’s iPhone has long been considered a must-have item, but Samsung has recently made a major dent in the mobile market. In fact, Samsung’s stock shot up 60% from the end of 2010 to the beginning of 2013. And, since 2012, Samsung has sold twice as many smartphones as Apple has.
So, they should be winning the war of Apple vs. Samsung by a mile, right?
Samsung’s products are much cheaper than Apple’s are, so the difference in profits doesn’t add up to all that much. Compared to the $5.2 billion that Samsung made in the second quarter of 2013, Apple brought in $4.6 billion.