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Apple shares rise after S4 announcement

16 Mar 2013 News
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After the announcement of the Samsung Galaxy S4, Apple investors started buying stock in Apple again. The Galaxy S4 was announced yesterday and is expected to be the main competitor to the iPhone 5 – both phones will cost a similar amount (although the S4 will likely be a bit cheaper) and be targeted at the same market – high-end smartphone users. So obviously a good Galaxy S4 will harm iPhone 5 sales and vice versa. Given that Apple share has increased, it seems that investors aren’t convinced the S4 is a great phone.

The Galaxy S4 seems like a small upgrade over previous Galaxy S models – the screen has been increased to 5” but the size of the device is smaller than the Galaxy S3. Design wise it looks very similar to the S3, with a thinner bezel and overall thickness is now just 7.9mm. The internals includes an eight-core Exynos 5 processor (in some models, other carrier models might just be a Snapdragon S4 Pro), 2GB of RAM and 16/32/64GB of storage and can be expanded through a MicroSD card. The device is very solid, and will probably be the best selling Android phone of 2013 assuming nothing revolutionary comes out soon.


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Matt is a technology enthusiast, particularly surrounding smartphones and Apple products. Living in the UK, Matt passionately follows all of the latest news on Apple from across the globe.