Ice Cream Sandwich Melts Away, Delays the Launch of Galaxy Prime

Is Samsung running from the iPhone 4S?

That's what it would appear now that the company has decided to postpone the unveiling of the new phone. According to TechCrunch, Samsung released a joint statement with Google (NASDAQ: GOOG) that claimed, “We agree that it is just not the right time to announce a new product. New date and venue will be shortly announced.”

Not the right time, eh? Could this have something to do with the iPhone 4S, which may be a disappointment but is still vastly superior to the rumored specs of the Galaxy Prime?

Those specs include 1GB of RAM, a 1.2GHz CPU, 32GB of storage, and a wimpy five megapixel camera. In other words, it's just another “me too” phone attempting to compete with Apple (NASDAQ: AAPL). Granted, these specs haven't been confirmed. But considering the timing of the iPhone 4S and the Galaxy Prime's delay, it's safe to assume that there is at least some truth to the rumors.

The only question now is whether or not the two companies will use this time to improve the phone – or simply waste the days forming a better marketing spin.

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