Did Apple Just Help Samsung Sell a Ton of Smartphones?
There appears to be an interesting side effect to Friday's verdict that no one saw coming: increased sales of the Galaxy S III.
Chowdhry investigated multiple retail outlets -- including Costco (COST), AT&T (T), Sprint (S), and Verizon (VZ) -- to get an update on how the Galaxy S III performed this weekend.
Two out of three Costco stores were completely sold out of the T-Mobile and AT&T versions of the phone. The third location had the T-Mobile version in stock, but was sold out of the AT&T version.
All five of the AT&T stores that Chowdhry investigated experienced "significant sales" of the device, which has been outselling the iPhone 4S this month. The Galaxy S III has also outsold
This is an intriguing outcome for
The demand for the iPhone 4S' successor is through the roof. Competitors are so concerned about the iPhone 5's arrival that they are doing everything in their power to stifle its unveiling. Once the iPhone 5 is released, the world will be watching to see if the Galaxy S III can continue to compete successfully.
Regardless of current or future sales, Chowdhry stands by his belief that the jury verdict will lead to a cross-licensing deal between Apple and Samsung.
Editor's Note: This content by Louis Bedigian was originally published on Benzinga.com .
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