Investors haven't had a whole lot of confidence in Samsung this year, despite a string of record quarters. In response, Samsung is hosting its first analyst day in eight years to give investors a closer look at its many businesses.
In smartphones, Samsung continues to duke it out with Apple in the high end. Samsung expects growth in the premium segment to be greater than current expectations. However, the company also said that its high-end smartphones were roughly flat sequentially, implying that most of its growth is coming from low-end units.
Samsung is also ambitiously hoping to take the tablet crown from Apple in the near future to become the No. 1 vendor, much like it is in the smartphone market. Samsung has now shared some official figures on its tablet unit shipments. It still has a ways to go if it hopes to beat Apple, but it has also gathered considerable momentum over the past couple of years. Meanwhile, Samsung still has areas where it can further integrate vertically.
In this segment of Tech Teardown, Erin Kennedy discusses Samsung's analyst day with Evan Niu, CFA, our tech and telecom bureau chief.
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The article Can Samsung Steal the Tablet Crown From Apple? originally appeared on Fool.com.Erin Kennedy and Evan Niu, CFA, own shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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