Samsung exec: Our tablet is 'inadequate'Samsung exec: Our tablet is 'inadequate'
http://www.cnn.com/2011/TECH/gaming.gadgets/03/04/samsung.tablet.inadequate/index.html
In a refreshingly honest statement, Samsung's mobile division VP Lee Don-Joo admitted that the iPad 2 made some parts of Samsung's 10.1-inch Galaxy Tab look "inadequate," and the iPad 2's pricing might force Samsung to lower the price of its tablet.
This article is showing that other retailors are having trouble keeping up with apple, but all the same time is telling us that we are highly over paying for this technology.
> Regardless of us overpaying for this technology, do you think its smart for a division VP to admit that their product is inadequate compared to the iPad??
In a refreshingly honest statement, Samsung's mobile division VP Lee Don-Joo admitted that the iPad 2 made some parts of Samsung's 10.1-inch Galaxy Tab look "inadequate," and the iPad 2's pricing might force Samsung to lower the price of its tablet.
This article is showing that other retailors are having trouble keeping up with apple, but all the same time is telling us that we are highly over paying for this technology.
> Regardless of us overpaying for this technology, do you think its smart for a division VP to admit that their product is inadequate compared to the iPad??
Response:
I do not think it is smart for Samsung's mobile division VP to admit that their product is inadequate compared to the iPad. I don't understand why he publicly admitted it or how he got away with keeping his job after that. If he wanted to tell the public that they are over paying for the technology in the iPad than he should have come up with a different way to do so without talking bad about his product. This probably killed the interest in buying stocks of Samsung for quite some time and it probably affected the stock price of Samsung negatively.
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