Samsung's Galaxy Takes a Shot at the iPad


Samsung logoGet ready for a flood of tablets to hit the market as tech companies try to benefit from the glow of Apple's (AAPL) iPad. And one of the first entrants is Samsung Electronics. This week, the company launched its Galaxy Tab.

And yes, the device runs on Google's (GOOG) mobile operating system, Android (version 2.2). The screen comes to 7-inches and you can access the Net via a cell phone connection (and you can make calls as well). There is also storage capacity of 16GB. Interestingly enough, the Galaxy has a front and rear camera, something the iPad does not have.

However, you won't be able to get access to the device in the U.S. Instead, the initial market will be Italy. Of course, a key will be arranging deals with the carriers.

Despite all this -- and the likely crush of other tablets -- Apple is likely to be the leader. The fact is that the company can leverage its extensive applications marketplace, which is often the tipping point for purchase decisions. For example, a report from iSuppli predicts that Apple will have about 75% of the market share for tablets for 2010.

Tom Taulli is also the author of several books, including the Complete M&A Handbook as well as the upcoming book, All About Short Selling.

Symbol Lookup
IndexesChangePrice
DJIA+6.5112,890.46
NASDAQ+11.372,927.23
S&P 500+1.991,351.95

Last updated: February 10, 2012: 12:50 AM

Hot Stocks

General Electric

19.13-0.11(-0.57)

Alcoa

10.64-0.03(-0.28)

Apple Inc

493.17+16.49(+3.46)

Google Inc 'A'

611.46+1.61(+0.26)

Bank of America

8.18+0.05(+0.62)

Wal-Mart Stores

61.96+0.34(+0.55)

Exxon Mobil Corp

84.88-0.44(-0.52)

Ford

12.69-0.15(-1.17)

Citigroup

33.66-0.57(-1.67)

IBM

193.13+0.18(+0.09)

Yahoo

16.00+0.22(+1.39)

Starbucks

49.20+0.48(+0.99)

Microsoft

30.77+0.11(+0.36)

Home Depot

45.27+0.10(+0.22)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

    BioHealth Investor Headlines

    WalletPop Headlines

    DailyFinance BlackBerry App

    My Portfolios

    Track your stocks here!

    Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

    BloggingStocks Partners

    More from AOL Money & Finance

    BioHealth Investor Headlines

    Page Loaded in 1328853059410 ms.