DailyTech - Samsung Racks up Record Profit Thanks to Galaxy S III, Galaxy Note II

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Gadgets Samsung Racks up Record Profit Thanks to Galaxy S III, Galaxy Note II
Shane McGlaun (Blog) - January 8, 2013 9:17 AM

19 comment(s) - last by messele.. on Jan 11 at 6:11 PM

Samsung looks forward to a big 2013

Samsung has announced that it expects to earn record profit of $8.3 billion in its most recent quarter. This marks five straight record quarters in a row for Samsung. However, Samsung's record-setting run could unravel in the quarter that ends in March of 2013 due to weaker seasonal demand reports Reuters.

"Investors are a bit concerned that Samsung's momentum may slow in the first half. The smartphone market is unlikely to sustain its strong growth as advanced markets are nearing saturation despite growth in emerging countries," said Kim Sung-soo, a fund manager at LS Asset Management.

Samsung continues to outpace its closest rival, Apple, despite the launch of the iPhone 5. Samsung has seen continued strong sales from the Galaxy S III and Galaxy Note II during Q4.

_{Galaxy Note II}

Reuters does report, however, that shipments of Samsung's Galaxy S III smartphone are likely to have slipped to around 15 million units in the current quarter from 18 million in the quarter that spanned July through September. Analysts believe that the Galaxy Note II sold around 8 million units during the same timeframe.

Samsung predicts that it will increase it smartphone sales by more than one third this year and widen its lead over Apple even further. Samsung predicts it will sell 390 million smartphones in 2013.

Source: Reuters

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RE: I hate you samsung

By retrospooty on 1/8/2013 11:34:17 AM , Rating: 2

The note 2 is nice... But when I go to upgrade my S3 this summer, this one looks really sweet. Hope it makes its way to the US

http://phandroid.com/2012/12/27/zte-grand-s-unveil...

5 inch 1080p screen
S4 Pro quad CPU
2gb ram
13mp cam
SD expandion
2,500mAh battery

All that and its only 6.9mm - thinner than iPhone5

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RE: I hate you samsung

By mackx on 1/8/2013 1:06:33 PM , Rating: 2

nice but i'd prefer a 3000 or more mah battery. 1080p with 2500 might not last as long as you'd like in some situations? probably fine 90% of the time though

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RE: I hate you samsung

By Mint on 1/8/2013 1:38:03 PM , Rating: 2

The stylus, battery, and OLED screen make the Note 2 what it is.

I know the stylus isn't for everyone, but it's incredibly useful for notes/equations/sketches, and on top of that I've used it with RDP to comfortably control a 16-core machine. There's no turning back now, and I'll want it in every phone and hybrid notebook I buy from now on.

OLED can be oversaturated, but Samsung put in options to tone it down for the Note 2 and be fairly accurate (CNET did measurements). And boy are those blacks amazing...

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