Apple bull says Galaxy S 4 ‘NOT a game changer,’ will be dominated by iPhone 5S

Samsung on Thursday unveiled Galaxy S IV, its flagship Android smartphone, at an event in
New York. According to lead Apple bull Brian White, Samsung’s new Galaxy S 4 is a fair
refresh but hardly a game changer.


“Last night, Samsung Electronics hosted an event in New York City to unveil the Galaxy S 4,”
the Topeka Capital Markets analyst wrote in a research note Friday morning. “Samsung
introduced some interesting new features in the Galaxy S 4 many of which we expect newer
smartphones to include as the year unfolds. As such, we view the Galaxy S 4 as a refresh but
NOT a game changer. We believe the iPhone 5S will handily outsell Samsung’s new flagship
smartphone in the second-half of the year, while we believe Apple will expand its world with
a lower-priced iPhone in 2013.”

According to white the new samsung smartphone looks great but it is still “heavier, fatter
and less refined than the iPhone 5.”

“We consider the iPhone 5 a work of art and Apple’s ability to deliver a device that came
with a larger screen (4-inch vs. 3.5-inch) versus the 4S but one that was 18% thinner and
20% lighter was a monumental task,” White wrote. “By comparison, the Samsung Galaxy S 4 is 5
inches vs. 4.8 inches for the Galaxy S 3 but only 8% thinner and 2% lighter. At the same
time, the iPhone 5 is 4% thinner than the Galaxy S 4 and 14% lighter. With the iPhone 5S
expected to launch this summer, we believe Apple has the potential for even further
improvements in this department. Also, polycarbonate (i.e., plastic) casing of the Galaxy S
4 is still no match for the aesthetics of the iPhone 5 with the aluminum unibody enclosure.”
Topeka maintained its Buy rating on Apple shares with an $888 price target.

(via )


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