By Todd Bernhard on Thu, 08/20/2015
Samsung is on the ropes. Financially, it is losing ground to Apple, as iPhone sales increased 36 percent over last year thanks to the larger sized iPhone 6 and 6 Plus. At the same time, Samsung's phone sales dropped over 5 percent. These are unit sales, and since Apple's handsets tend to carry a higher profit margin than Samsung's, this has to hurt Samsung where it counts. Now that Apple entered the wearable market, they have taken the smartwatch crown from Samsung as well, forcing the Korean manufacturer to answer with a new smartwatch that takes its hardware cues from Motorola and its software cues from Apple.