Niko Waesche is a venture capitalist, entrepreneur, and author of the book Simply Seven: Seven Ways to Create a Sustainable Internet Business.
The next iPhone will be unveiled in September, but despite its popularity, Apple (Nasdaq: AAPL) has faced strong competition from Samsung's Galaxy S3 smartphone. In this audio segment, Waesche shares why he believes Samsung (OTC: SSNLF.PK) has the greatest market share in the industry and the key ingredient the next iPhone must have if Apple is to get back on top.
Despite its dominance over the past decade, Apple still faces challenges and opportunities just like any other company.
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The Motley Fool's purpose is to help the world invest, better. Take Stock is The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it's still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
A version of this article, written by Chris Hill, originally appeared on fool.com