Samsung and Apple are among the biggest tech giants in the world. There is always a conflict between people arguing which brand is older in the smartphone world. Did you know? Samsung Is 38 Year And 1 Month Older Than Apple.
Learn about the latest tech facts with information on everything About Apple and Samsung.
About Apple and Samsung
Samsung is a Tech revolution that was founded from a grocery store on March 1, 1938. Lee Byung-Chul is the man behind Samsung and this massive success.
After 38 years, Apple was launched with the same energy to reduce the size of computers so that they may be used in people’s homes or offices. Steve Jobs and Steve Wozniak are the two tech enthusiasts who founded this company on April 1, 1976.
Apple has become the first business in history to reach the $1 trillion mark. Whereas, The estimated value of Samsung Company is more than $500 Billion as of Jan 2022.
Market Share of Samsung and Apple
Apple and Samsung are two of the strongest rivals in the smartphone market. According to the latest reports from gartner.com, Apple finished up as the Top Smartphone Vendor in 2021. Apple had a total market share of 21.9%, followed by Samsung with 18.2% of the global market share. So it’s undeniable that Apple dominates the premium smartphone market.
Products and Services Models of Samsung and Apple
Although both tech giants lead the smartphone market, both follow different working models. Apple focuses on the premium smartphone market, emphasizing quality above quantity. Apple is undoubtedly is a luxury brand. However, Samsung is a brand that has different categories of products directly focused on every market. Samsung sells smartphones ranging from budget segment to premium segment.
Nevertheless, both of these companies are working on creating an eco-system focused on their customers. Apple and Samsung have a range of products like speakers, earbuds, monitors, laptops, etc. In 2021, Apple even released their laptop with their new M1 processor.
Challenges faced by Apple and Samsung
Apple and Samsung have an age-old competition, but now Chinese manufacturers like Xiaomi, Oneplus, Vivo and Oppo are giving a tough time to these global tech giants.
There was a time when people used to trust Samsung and Apple for their quality of smartphones, but Chinese manufacturers are now focusing on providing premium quality products for a budget price.
Therefore, both Samsung and Apple should prioritize the budget-friendly market too. If not, who knows? The Chinese manufacturer would be a market-dominant competition that Apple and Samsung can’t beat.
Sum Up
Samsung Is 38 Year And 1 Month Older Than Apple, but Apple managed to keep up with its 38 years old elder brother. As a result, both of these companies are leading the market with their wide range of products used in our daily life.
As said, competition is better, the rivalry between these two companies has made them too good. Even Apple, a company known for importing parts from different manufacturers, is now building its own parts.
We hope the competition will force these smartphone manufacturers to focus on the most important and largest market, i.e., budget-friendly, and provide a good product at an affordable price. This action will surely throw Chinese manufacturers out of the competition.
