Samsung Takes Another Shot at the iPad

by InvestorPlace Staff | August 16, 2012 10:56 am

samsung galaxy tablet[1]As seen in the latest quarter, Apple’s (NASDAQ:AAPL[2]) iPad continues to be the dominant player in tablets. But rivals aren’t giving up. For example, today Samsung released[3] its Galaxy Note 10.1 in the U.S., U.K. and South Korea.

The device runs on Google’s (NASDAQ:GOOG[4]) Android operating system and comes with a stylus for input. It also has a 5 megapixel camera and a 1.9 megapixel front-facing camera (which analyzes eye movement to allow for better pictures).

All in all, the Galaxy looks like a standout device. Yet it may still have a tough time getting uptake.

Why? The big issue is the price tag. Consider that a 16 gigabyte/WiFi-only device will retail for $499, which is the same for the iPad.

It’s a gutsy strategy, but the Galaxy device has little to set apart. So to be a success, Samsung will probably need to aggressively cut the price.

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