“Samsung CEO J.K. Shin had a lot to say this week, reassuring investors that the company’s latest flagship smartphone is indeed selling well, while at the same time dismissing the notion that the company is anywhere close to détente with its chief rival, Apple,” Kevin Bostic reports for AppleInsider.
“Samsung’s stock dropped six percent last week when a J.P Morgan report warned investors that sales of its recently launched Galaxy S4 smartphone could fall short of expectations,” Bostic reports. “‘I can say sales of the Galaxy S4 smartphone are fine. It’s been selling well,’ Shin told reporters after meeting with executives from Samsung’s partners.”
Bostic reports, “Shin also commented on Samsung’s ongoing worldwide patent struggle with Apple, saying that Samsung has no plans to relent or concede. ‘Patent disputes against Apple will continue,’ Shin said.”
Read more in the full article here.
MacDailyNews Take: Whatever, thief.