This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Samsung to Showcase Newest Galaxy Smartphone

Stocks in this article: GOOG QCOM SWKS ERIC PANL AAPL

NEW YORK ( TheStreet) - Its been two months shy of a year since Samsung came to New York to present a new Galaxy S smartphone. In that time, the Korean company's Galaxy S3 has become one of the top selling phones on the planet. The S3 has already sold more than 40 million units, according to Samsung.

But, ten months is a lifetime in smartphone years. So, tonight, Samsung returns to Manhattan's Radio City music Hall to trumpet its replacement, most likely to be called the Galaxy S4.

Samsung shares traded in Seoul fell 0.5%. Shares are little changed this year.

As might be expected, speculation is rife about what to expect from Samsung's newest phone. We can be sure that it will operate on the latest version of Google's (GOOG) Android operating system. Everything else is purely conjecture.

The Korean website has published specifications of a dual-SIM variant that we won't see here in the United States. Nonetheless, they do cite some intriguing specs including an 8-core, 1.8 GHz processor with Samsung's brand Exynos (possibly sourced from Qualcomm (QCOM) or Skyworks (SWKS)), a PowerVR graphics chip made by Ericsson (ERIC), 2 GB of RAM, a 5-inch OLED touchscreen from Universal Display (PANL) and a 13 megapixel camera.

Samsung is also expected to unveil new software on the Galaxy S4, including a much rumored eye tracking feature that allows users to scroll without touching the screen, and a new means to allow your finger to mimic a stylus as it hovers over the screen.

There is also some guessing going on that Samsung could announce new features for its best-selling Galaxy S3 phones - possibly a new, higher-definition screen, a bigger battery and even wireless charging.

Back in January, Samsung said the Galaxy S3 had surpassed the 40 million mark in worldwide sales. At that time, Samsung also said total global sales of the Galaxy product line had exceeded 100 million units. And, that was three months ago.

Industry leader Apple (AAPL) is not expected to announce any refresh of their iPhone 5 until this summer. According to the latest sales numbers, Samsung and Apple accounted for 52% of global smartphones sales in the fourth quarter. Apple was gaining 0.8% to $431.58. shares have lost 19% this year.

We'll have more later at tonight's event at Radio City Music Hall.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to:

Gary Krakow is TheStreet's senior technology correspondent.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,802.82 +24.67 0.14%
S&P 500 2,068.71 +7.48 0.36%
NASDAQ 4,757.7510 +9.3550 0.20%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs