Samsung became a leader in Smartphone market after receiving the title of world’s top smart phone maker. Samsung Smart phones are grown up by 44 percent in international markets and showing a promising growth in coming quarters. Smart phone market is mainly dominated by Apple and Samsung. In the current quarter, Samsung sales were £1.4 billion whereas apple managed only 17.1 billion. Apple suffered a loss of 16 percent in unit sold and is able to maintain only 16 percent market share. On the other hand Samsung was able to capture 23.8 percent Smartphone market share. Now everyone is eying on upcoming Galaxy Nexus which is assumed to play a major role in retaining the title for Samsung.
Apple’s market capitalization reached to a new height by crossing $500 billion. So far only 5 companies had crossed this level. The company touched this height when its share price reached to $542.44 hence the market capital went to $505.8 billion. As per experts the expected highest selling price of the share to book maximum profit should be $592on which the market capitalization will be $552 billion. Apples price-to-earnings ratio (15 times of earning) is less than other leaders in the field like Google which is 21 times of its earning and $500 billion society members.
Dell launched its lowest price tablet PC ($464.48) specially designed for China to compete with Apple. Dell has overtaken Acer Inc. to tap the largest mobile market in China and to become world second PC manufacturer. Recognizing the importance of the china for the company, Michael Tatelman, Dell's vice-president/general manager of North America Consumer, Global Mobility Sales, Partner Marketing said “"China is now the largest mobility market globally, while it is also the second biggest market for Dell following the US". The product was welcomed with open heart from the Chinese. Wang Jiping, a senior analyst at IDC said”The price is competitive for the Chinese market. However, it is still too early to say, because a lot of new products will be launched this year”.Three Facts:
- Trade statistics from the U.S. Department of Commerce for the year 2011 suggests that United States exported staggering amount of more than US$40 billion to Brazil. The data portray a rosy picture as it helped in supporting more than 200,000 jobs and also it fulfilled President Obama’s goal of doubling U.S. exports. The figures presented by the department of commerce became more important when it reflected that the U.S. earned a was sitting on a surplus of more than $11 billion with Brazil in 2011when the United States has nearly $558.0 billion trade deficit with the rest of the world.
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Lavin, F. (2011, October 19). U.S. Chamber of Commerce. Retrieved March 9, 2012, from www.uschamber.com: http://www.uschamber.com/feed/export-build-your-customer-base-1
U.S. Chamber of Commerce. (2012, February 17). Retrieved March 9, 2012, from www.uschamber.com: http://www.uschamber.com/feed/trade-brazil-key-doubling-us-exports-and-creating-jobs-4