Samsung: Out with the old, in with the fold
Samsung Galaxy Fold burnishes the smartphone maker's innovation credentials, banishes 'fast follower' criticism
At $2,000, the Samsung Galaxy Fold sets a new standard in premium pricing, which so far was Apple iPhone's calling card
San Francisco/Seoul/Bengaluru: Samsung Electronics Co. Ltd has wowed the smartphone industry with the first foldable screen, burnishing its innovation credentials, banishing “fast follower" criticism and, at nearly $2,000, setting a new standard in premium pricing.
Reddit user AmazedCoder took a more positive view. “The fact that people are only complaining about the price should tell you that a lot of people actually want this, but can’t get it. Second gen of this thing is gonna sell like hotcakes."
While most analysts expect Apple to wait until 2020 to match the foldable phone, Samsung has set new price standards in the premium category as it seeks to revive consumer interest in an industry that posted its first-ever sales decline last year.
“$1980 dollar for a #galaxyfold no thanks... watch...now the next iPhone will be $1999," Twitter user @zollotech said.
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