The following video is from this week's MarketFoolery podcast, in which host Chris Hill, along with Charly Travers and Joe Magyer, discuss the latest business news. Research In Motion is looking at more layoffs, Samsung unveiled the Galaxy 3S in Europe, and Facebook is reportedly hiring ex-Apple employees to help build a smartphone of its own. Samsung and Apple have the most market share when it comes to smartphones, effectively creating a two-horse race. Will Facebook, RIMM, or Google be able to move up and compete? In this segment, the guys analyze the competitive landscape in the smartphone industry and share which company they believe has the best chance to be a legitimate threat to the market leaders.

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Chris Hill owns shares of Microsoft. The Motley Fool owns shares of Google, Apple, Microsoft, and Facebook. Motley Fool newsletter services have recommended buying shares of Google, Apple, and Microsoft and creating bull call spread positions in Apple and Microsoft. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.