Hours before Samsung heads to a major event, Phil Schiller sits down for a rare interview slamming Samsung's constant diatribes about how it has overtaken Apple in terms of market share.

Schiller came ready with information that downplays claims that more and more people are already switching from IOS to Android. He says that on the contrary, more people are getting IOS after they've seen how Android is.

Furthermore, the exec has stated that Samsung can never compare with Apple because the Cupertino Company has built its OS from the ground up and all the hardware it offers is decidedly Apple.

Apple has seen a slow-down in the company's growth and profit as shown by the low closing of the price of its equity. However, with a solid reputation on innovation and track record of producing excellent products, many are anticipating the next big thing from Apple and it should come sooner if it wants to stay in the game.

Source: Yahoo Finance