The Samsung Galaxy S III, which is considered by many observers of the smartphone market to be an iPhone killer, will launch across all four U.S. wireless carriers next week. The handset has been a huge hit in Europe. AT&T (NYSE: T), Sprint-Nextel (NYSE: S), Verizon Wirelesss and T-Mobile will release the smartphone at $199 with a two-year subscription plan.
Notably, this is within the range of prices for the Apple (NASDAQ: AAPL) iPhone 4S, which costs $199 to $399, depending on features. Some experts believe the Galaxy S III has two advantages over the iPhone. First, it runs the popular Google (NASDAQ: GOOG) Android OS, which now has 50% of the U.S. wireless OS market. The other is that the Samsung phone works on the superfast 4G networks that the wireless firms have marketed so relentlessly because the speed of these networks rivals broadband. Apple will not have a phone with that capacity until later this year.
Douglas A. McIntyre