Rumors about Apple launching a foldable device aren’t new. This time, Samsung is preparing for the Cupertino company to join a market that the South Korean firm currently has the lead. While everyone expects a foldable iPhone, Samsung doesn’t think this will be the first Apple device to bend.
According to a report by The Elec, Samsung thinks the foldable market will grow 80% by 2025, and one of the reasons will be Apple joining the competition in 2024. Samsung’s mobile business, Mobile Experience, said that the Cupertino company would enter the foldable market, not with smartphones, but with notebooks and tablets first.
Samsung Galaxy Fold 4 next to Galaxy Flip 4. Image source: Samsung Last month, CCS Insight published its annual prediction report and said Apple would likely launch a foldable iPad in 2024.
One of the reasons why Apple won’t likely launch a foldable iPhone at first is not to cannibalize the existing iPhones as, according to the analyst, the foldable option would have to be “incredibly expensive.”
Early this year, display analyst Ross Young said Apple was mulling a 20-inch foldable MacBook display, which could also be an iPad. Bloomberg‘s Mark Gurman also corroborated Apple entering this new market.
Both analysts Ming-Chi Kuo and Ross Young expect a foldable iPhone to be introduced in 2025 at the earliest. In a couple of years from now, a foldable iPad/MacBook makes more sense.
BGR will keep reporting on Apple’s new market approaches as the company is rumored to announce soon a Mixed Reality headset, an Augmented Reality headset, and a car in this decade.
More Apple coverage: What’s really causing the M2 MacBook Pro launch delay?
The post Samsung expects Apple to join foldable market in 2024 but not with iPhones appeared first on BGR.
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In the early days of the smartphone era, it was easy to argue that the iPhone was a superior device to anything Samsung was bringing to the table. Practically speaking — which is to say if we put aside the abstract notion of how “open” a device should be — the iPhone consistently offered up a better user experience than Samsung’s Galaxy models. In fact, the iPhone was so ahead of the curve that Samsung had no qualms about openly copying a myriad of features from Apple, from icon design down to the look and feel of the device itself.
Fast forward to 2021 and the smartphone market is markedly different than it was even five years ago. These days, the chasm between the iPhone and premium Galaxy handsets is smaller than it’s ever been. What’s more, it’s not uncommon these days for Samsung to roll out new features only to see Apple implement them later on down the line. In short, if you’re looking for a top-tier smartphone, you really can’t go wrong picking between the iPhone or one of Samsung’s flagships.
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A strict comparison of features, however, only tells one part of the story. You see, one of the ongoing advantages Apple’s iPhone has long maintained over its Android rivals is that it maintains its value for far longer. Put differently, you can make a lot more money selling or trading in your old iPhone than you can from doing the same with a Samsung Galaxy smartphone.
To this point, recent data from SellSell clearly shows that Apple’s iPhone 12 lineup retains its value significantly more than Samsung’s Galaxy S21 lineup.
Specifically, the site found that while the iPhone 12 lineup lost approximately 18.1-33.7% of its value since launching in late 2020, Samsung’s Galaxy S21 series “has seen shocking depreciation of between 44.8-57.1% since launch in January 2021.” Bizarrely, it’s almost like the Galaxy S21 is like a car to the extent that loses a lot of value immediately at the point of purchase. And the fact that the Galaxy S21 was released just a few days before February essentially shows that the S21 lost about 50% of its value in just over two months.
When comparing the top-of-the-line iPhone 12 Pro Max against the top-of-the-line Galaxy S21 Ultra 5G, both with maxed-out storage, the iPhone lost 30.7% of its value while the S21 lost 53.3% of its value. Meanwhile, the cheapest iPhone 12 model lost 33.7% of its value since launch while the cheapest Samsung S21 model lost nearly 51% of its value since launch.
The study further found:
The Galaxy S21+ 5G 128 GB is the best performing of Samsung’s offerings. Not that that will mean much as it has lost a shocking 44.8% (14.9% per month) of its value since launch in January 2021 (three months at the time of writing). The Galaxy S21 5G 256 GB has depreciated in value by a startling 57.1% (at a rate of 19% per month) despite only being on the market for three months. If resale value is an important consideration in your smartphone purchase decision, you’ll definitely want to pick up an iPhone over the best Samsung has to offer.
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