Samsung released earnings today that showed record profit but they warned that growth of handset sales was slowing because of increasing competition.
Here's the interesting bit though. Samsung "said that the strongest growth in the future would come in the market for low cost handsets in developing countries," according to the Irish Independent. This is what I have been saying for a number of months - and one reason I believe this favours Android as a mobile platform over iOS which is positioned mostly as a premium product.
The way I laid it out in July was that "I see this as a land grab right now. The operating systems that can grab as much share as possible while people are upgrading from cheapie phones to inexpensive Smartphones will win. Right now Android is leading the charge." And...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.