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Samsung's Galaxy S III continues to be a big seller

Apple may be basking in glory of the iPhone 5, but Samsung has a heavyweight champion of its own in the smartphone sector. Samsung this weekend announced that it has shipped 30 million of its latest flagship smartphone: the Galaxy S III.
 
The Galaxy S III has only been on the market since May, so that makes the feat even more astounding. Incredibly, the Galaxy S III's sales performance vastly outpaces that of its predecessor -- it took Samsung 14 months to cross the 30 million unit sales threshold with the Galaxy S II.
 
 
The Galaxy S III played a big roll in Samsung's blockbuster Q3 earnings report. The South Korean company saw $7.4 billion in profit (up 90 percent from the same period a year ago), which was mostly buoyed by 56.3 million smartphones shipped during the quarter.

Samsung has also struck a cord with audiences with its humorous television commercials that poke fun at rabid Apple fans that wait in long lines to purchase the latest iDevice.

Source: BusinessWeek



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By Samus on 11/5/2012 11:50:25 PM , Rating: 2
I don't know man, I own a LOT of Samsung stuff. I keep buying Samsung because of my great experiences with the brand.

I'm on my third consecutive Samsung cell phone (Samsung Transform, Conquer 4G, Galaxy S3) meanwhile owning a 46" Samsung D6600 TV, a Samsung washer/dryer, Samsung 830 SSD, Samsung 24" LCD (although I had to solder in a new capacitor that blew, common problem) and various other Samsung do-dads. The list goes on, there must be a dozen Samsung products in my house, some not even by choice, but many are.

It used to be Sony was the go-to brand for electronics in the 80's-90's. In the late 90's and 00's the market was fragmented because Sony quality fell, new brands materialized, and most production was outsourced to China for electronics. Toshiba began Chinese television production in 2004, joining the rest of its Japanese rivals.

The problem with Chinese production isn't that the Chinese make crap, it's that they are given peanuts to manufacture products and simply can't do it at high quality for those peanuts. The Chinese are clearly capable of making quality products (HTC for example) but they have positioned themselves as a 3rd tier manufacturing partner, based entirely on price. The quality is reflected in this price. 2nd tier manufacturing countries like Taiwan, S. Korea, Vietnam, Thailand, etc are more expensive, but the quality is higher because of this.

What I'm saying, is if we were willing to pay the Chinese more to manufacture products, they would do a better job. Conspiracy theorists would say we intentionally pay them peanuts to manufacture in order to make homeland products look superior, but big business doesn't work on conspiracy. It works on profit.


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