Samsung Galaxy Sales Spur Apple Court Action
NEW YORK (TheStreet) - Samsung currently has a number of great selling new Android smartphones in its stable. The Galaxy S III is a winner, and apparently, so is its half smartphone/half tablet Galaxy Note II. So much so that Apple (AAPL) has decided to try to stop its success.
Earlier this month, Samsung announced that its Galaxy S III phone has shipped 18 million units in the third quarter. That comes out to 11% of all smartphones shipped worldwide between July and September of this year, enough to push the "GS3" past Apple's (AAPL) total of 16.2 million iPhone 4S devices - just before the release of the iPhone 5.
And, just this morning, Samsung announced that its larger, more expensive, phone, the Galaxy Note II - with the 5.5-inch screen - has surpassed the 5 million sales mark. The Korean tech giant introduced the phone exactly two months ago, worldwide, and one month ago here in the U.S.
As you might expect, these successes have not gone unnoticed in Cupertino, Calif. Apple has decided to strike back by requesting that the courts add the Galaxy S III with Google's (GOOG) Android 4.1 (Jelly Bean) operating system, the Galaxy Note II ,and a handful of other recent Samsung Androids to the list of devices in the next round of lawsuits, scheduled for 2014. A magistrate in the U.S. District Court for the Northern District of California was asked to decide which ones, if any, can be added to the court action.
Despite Apple's landmark jury decision earlier this year, the case is far from over. Appeals, which begin in early 2013, might actually drag on for more than a year. In the meantime, both sides are trying to use every and any point to their advantage. --Written by Gary Krakow in New York. >To submit a news tip, send an email to: tips@thestreet.com.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim 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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
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
Stocks Under $10
TRY IT FREEDavid 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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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 + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur 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