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Its the new marvel in the world of smartphones... Due to overwhelming demand and a manufacturing flaw in the blue version of the phone, there was an extensive shortage of S III, especially in the United States. Nevertheless, the S III was well-received  commercially and critically, with some technology commentators touting it as the "iPhone Killer". The SIII played a major role in boosting Samsung's record operating profit during the second quarter 0f 2012. As of September 2012, the Galaxy S III is a subject of a high-profile lawsuit between Samsung and Apple.