Samsung Says ‘Buckle Up!’ For the Next iPhone Wait, What?

As the buzz builds around Apple Incs AAPL upcoming iPhone 14 launch, the companys South Korean rival took a potshot at its fellow tech giant through an advertisement.

What Happened: The ad opens with the narrative, Buckle up …For Apples latest launch as you enter a world where heads will turn. It then goes on to pour cold water over the premise by saying, "Just not in your direction."

The half-minute advertisement features Samsungss S22 Ultra and the foldable Z Flip 4 devices.

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Why It Matters: Samsungs latest dig at the Tim Cook-led company comes just a week ahead of Apples Far Out event scheduled for Sept. 7. The name of that event is building buzz around a satellite phone, according to a prior report.

This is not the first time Samsung has taken a dig at Apple either through ads, but in 2019 the Korean company quietly removed an advert that poked fun at the iPhone maker for removing the headphone jack.

Price Action: On Thursday, Apple shares closed 0.5% higher at $157.96 in the regular session and rose 0.4% in the after-hours trading, according to data from Benzinga Pro.

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