You can be sure that Apple (Nasdaq: AAPL) and AAPL stock investors are reveling today (Tuesday) in the woes of main competitor Samsung Electronics (OTCMKTS: SSNLF).
The two companies often battle head-to-head with their smartphones - Apple's iPhone vs. Samsung's Galaxy. Samsung's edge is its market share in China, the most populous country in the world. Apple's is innovation. In fact, Apple has sued Samsung on multiple occasions for patent infringement, claiming that the company copied many of its smartphone and tablet features. The suits have only seen limited success.
But Monday night, the tide turned in Apple's favor...
Money Morning Defense & Tech Specialist Michael A. Robinson appeared on FOX Business' "Varney & Co." program Tuesday afternoon to break down for viewers what just happened to give AAPL the edge in the smartphone war...
Here at Money Morning, we believe tech investments are an essential part of wealth building. The sector creates some of the richest investors - and continues to get more lucrative. Last week, Robinson gave readers one of his favorite plays to-date. It's a way to invest in the best minds in Silicon Valley in just one move - and it's already thrashed the overall market by 46.5% so far this year...