The stock market is often counterintuitive, and days after the unveiling of the Samsung Galaxy S4, Samsung's stock is down 5 percent, and arch-rival Apple is up 5.4 percent.
In the first day after the Galaxy S4 debuted last Thursday, Samsung's stock dipped 1.3 percent, as investors decided they just weren't that impressed by the update to Samsung's flagship phone line. While the S4 packs plenty of cutting-edge features, many reviewers lamented any groundbreaking tech or design changes that would woo customers away from other phone manufacturers, or even their old Galaxy S IIIs.
A day after that, Samsung's stock had dropped 2.6 percent. In the meantime, Apple shares gained, as hopes rose that the tech giant, often lauded for its aesthetically pleasing design and consumer friendly interfaces, would be able to best Samsung this year with an update the its iPhone line.
Last year, the Samsung Galaxy S3 became the first smartphone ever to outsell the iPhone. The Korean company is hoping for a repeat performance this year, but Apple is due to unveil specs for the next iPhone, dubbed either 5S or 6, perhaps sometime next month.
Now that it is apparent that the S4 isn't a huge technological improvement over the S3, Apple has a chance to win back the crown, assuming it has an update to impress hidden up its sleeve.
The Samsung Galaxy S4 features an eight-core Exynos 5 Octa processor, 2GB of RAM, a 5-inch 1920x1080 Full HD AMOLED display at 441 ppi, a 13-megapixel rear-facing camera with 1080p HD video, a 2-megapixel front facing camera, internal storage between 16GB and 64GB, an SD card slot that can accommodate an additional 64GB, a polycarbonate body, Smart Pause and floating touch tech and runs Android 4.2.2 Jelly Bean.
Check back for the latest info on the Galaxy S4 as it becomes available.
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