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Samsung hopes for boost from new smartphone

07-07-2012 17:15 BJT

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Samsung stocks fell Friday as lower than expected overall sales underscored the threat from Europe's economic troubles. But it's predicting a record-breaking second quarter profit. Some of that lift is coming from the Galaxy smartphone, which has just hit US stores.

Some call it the iPhone killer.

The Samsung Galaxy S-III hit the shelves for the first time at AT&T, one of the country's largest carriers.

The new Samsung Galaxy S-III smartphone.

I think everybody's excited about the phone. It has a lot of new features that are not available on the iPhone."

Two of those differences include a larger 4.8-inch screen and the ability to make payments and transfers through a near-field communication chip.

The 16 gigabyte model sells for 200 dollars.

The Galaxy S III's predecessor, the Galaxy S II, is the best-selling Android smartphone to date. Reputation, good reviews and top-of-the-line specs have all fueled the hype. And so has a shortage.

John Britton, director of AT&T Corporate Communications, says, "Clearly, we feel that our customers have been hungry for this device and it's here now. It took a little bit longer than we'd like, but it's here and we're happy, and customers are happy. "

Samsung underestimated the demand, forcing local carriers to scramble to fill pre-orders and get it in stock.

But the Galaxy S-III will be available on all three major U.S. carriers within the month.

CNET Review Senior Managing Editor Kent German says that's yet another sign that Samsung is committed to this phone’s success.

Kent German, SNR managing editor, says, "The Galaxy S-III came with a lot of hype and what was interesting about it was that there were really no leaks beforehand. Usually with the Android devices, you get leaks, you get photos, videos, something to see what the phone looks like. Samsung took extraordinary steps to make sure this was secret. Because there was no information, a lot of hype was built up."

While the Galaxy S-III looks like it could turn up the heat on the iPhone, Samsung is already feeling the wrath of tech giant Apple.

Apple recently won a court injunction against Samsung's Galaxy Nexus smartphone, and rumors abound that the Galaxy S-III could be in its sights next.

Editor:Zhang Jianfeng |Source: CNTV.CN

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