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Samsung Galaxy S III  (Source:
Samsung did well, but many worry that it won't see this amount of money rolling in next year as the smartphone market continues to grow competitive

Samsung reported strong financial earnings in the third quarter, but now faces slowed smartphone momentum in the future as the market gets more crowded.

Samsung posted $7.4 billion USD in Q3 2012 operating profit. Net profit rose 90 percent to $5.9 billion USD. 

During the third quarter, Samsung sold 56.3 million smartphones, giving it a global market share of 31.3 percent. Apple only sold 26.9 million iPhones in the same quarter. The Samsung Galaxy S III alone accounted for 18-20 million shipments from July to September.

While Samsung did well in the smartphone department, particularly with its Galaxy line of devices, it didn't do so hot in chip sales. The chip division dropped 28 percent to $1 billion USD.

Samsung rocked a healthy profit overall this quarter, but many worry that the electronics maker won't see this amount of money rolling in next year as the smartphone market continues to grow competitive.

In fact, Samsung's profit is expected to grow 16 percent next year -- down from this year's predictions of 73 percent.

Samsung has other strong businesses, like tablets and OLED TVs, but analysts say these sectors aren't quite ready to sell the way that Galaxy is selling.

Samsung's tablets, in particular, haven't been able to keep up with the like of the iPad and Kindle Fire. Now, with the iPad Mini and Windows 8 tablets making a fresh appearance into the market (not to mention Google's Nexus 7 and a refreshed Kindle Fire HD line has made its way into the market), Samsung seems to continuously fall behind.

Samsung also took a hard hit with tablets due to its patent war with Apple. Apple worked pretty hard to ban Samsung's smartphones and tablets around the world, and successfully accomplished this in countries like Germany and Australia. Samsung launched a few lawsuits of its own regarding 3G patents, and was also able to lift the ban on its Galaxy Tab 10.1 in Australia in December 2011. However, Samsung wasn't so lucky in Germany, where the Galaxy Tab 10.1 is still banned.

Back in August, a jury in the U.S. District Court for the Northern District of California reached an unfavorable verdict for Samsung, saying that the South Korean electronics maker was guilty of violating technology patents. In other words, most of Samsung's smartphones and tablets in question were found guilt of copying Apple's iPhone and iPad designs. It was ordered to pay $1.05 billion in damages to Apple.

Earlier this week, Samsung Display decided to cut ties with Apple, saying it will no longer ship LCDs to Apple next year. Its LCD shipments to Apple have been cut more and more over time due to Apple wanting huge discounts, but the recent patent infringement drama couldn't have helped either.

More recently, an ITC judge found that Samsung violated four Apple patents, including
the flat front face with wider borders at the top and bottom, the lozenge-shaped speaker about the display screen; the translucent images for applications displayed on the screen, and the device's ability to detect when a headset is plugged in.

Samsung did get a little bit of relief in the UK, though, when a judge ordered Apple to post a notice on its UK site that Samsung didn't copy the iPad. Apple complied, but in a very snarky way.

Source: Samsung

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RE: With stuff like this...
By ritualm on 10/29/2012 11:18:42 AM , Rating: 2
Yeah because I can't possibly be joined by any other people who agree that it looks ugly....

Yeah because I can't possibly be joined by any other people who agree that looks are nothing...

There are drivers out there who buy Porsche's and Ferrari's to attract chicks and don't know how to properly take care of their supercars. Then there are folks who drive a clunker from the 80's and know how to disassemble the main engine assembly, clean every part nut and bolt, and reconstruct it out of memory.


What's actually happening is you're too desperate for anything non-Apple to succeed that you're blind to the fact that it's ugly. If it looked good, I'd say so. You only see me as an Apple troll because I'm constantly correcting your anti-Apple drivel.

It's the other way around. We see you as an Apple troll because you do nothing but praise Apple whenever we post something anti-Apple. I never see you commenting on other non-Apple topics.

And once again, looks are nothing. The consumer world hates anything to do with mainframes. They're ugly, not shiny, no bling, not cool. Yet... mainframes are what runs a large majority of the business world's needs. Meanwhile, your favorite iDevice cannot run a half-decent B2B app without a kernel panic.
My point remains. Not released, not benchmarked, not priced, battery life not tested. The fact you 'guarantee' that it 'rocks' just makes you as bad as the Apple fan sheep who will buy anything Apple makes even if it sucks.

The fact that you have to go to such lengths to prove your point just makes you more of a paid Apple shill.

Tim Cook vowed to "double down on secrecy". Yet everyone knew what 90% of the final spec sheet for the iPhone 5 would look like by the time it was released. Apple kept a better secret on its iPod Touch 5th gen and new Nano than it ever did with iP5, amusingly.

You are in no position to tell us how "idiotic, illogical, and wrong" we are. Save all of that anti-social drivel for yours truly. Disgraced, scandal-ridden Republican House Representatives give resignation speeches with more courtesy than you.

"If they're going to pirate somebody, we want it to be us rather than somebody else." -- Microsoft Business Group President Jeff Raikes

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