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Piper Jaffray’s Munster: Samsung innovating faster than Apple

Gene Munster, an analyst at Piper Jaffray Cos., talks about Samsung Electronics Co.’s Galaxy S IV smartphone, which is expected to be unveiled on March 14.

Munster discusses the outlook for sales versus Apple Inc.’s iPhone He speaks with Cory Johnson on Bloomberg Television’s “Bloomberg West.”

What [Samsung] are going is they’re innovating faster. I don’t know if they’re necessarily ahead of where Apple is, but just the pace that they’re coming out with [products] is so much faster, so think of it this way: iPhone comes out on an annual basis, Samsung comes outs with an impactful phone on a monthly basis and two or three really big phones a year. And so, the technology, I guess, that they’re actually working on, they;re able to get it to market a little bit faster… Samsung creates a lot of the components that Apple uses, so there’s a cost advantage that Samsung has in terms of the speed that they can get some of these phones out over Apple.

[Google] created this monster now with Samsung. People talk about about the Galaxy brand… they say it’s an Android phone coming out. That’s a shift versus a year ago and so we believe that there’s probably going ot be increased tension between Samsung and Google. – Gene Munster, Piper Jaffray

Direct link to video here.

MacDailyNews Take: Pouring cheap plastic into molds, popping out the lumps, installing someone else’s OS layered with a patent infringing UI, and quickly dumping the results onto store shelves does not equal innovation.

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