This Day On The Street
Continue to site
ADVERTISEMENT
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

Samsung to Showcase Newest Galaxy Smartphone

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 - Get Report) Android operating system. Everything else is purely conjecture.

The Korean website it168.com 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 - Get Report) or Skyworks (SWKS - Get Report)), a PowerVR graphics chip made by Ericsson (ERIC - Get Report), 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 - Get Report) 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: tips@thestreet.com.
Gary Krakow is TheStreet's senior technology correspondent.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $113.29 0.00%
ERIC $9.95 0.00%
GOOG $630.38 0.00%
PANL $3.21 0.00%
QCOM $57.45 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs