Print 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
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: right on!
By Tony Swash on 1/8/2013 1:45:09 PM , Rating: 1
Personally I think the smart mobile device world in say, five years, will be one where both Android and Apple flourish. I think Android will continue to fragment as it spreads. I think some sort of break will occur between Google and Samsung. I think Apple will continue to grow for quite a while and will be very big and very very rich for a very long time.

I think that the Apple platform out performs the Android by at least four to one (using metrics like developer revenues, ad revenues, web usage, enterprise/government/education adoption rates, etc) so that a world with Apple at 20% market share and Android at 80% is actually a world of platform parity.

All of this will be very, very good for consumers. People will have a wide choice. Those who like Apple will have a vastly profitable and healthy Apple churning out products and those who don't will have lots of alternatives almost all Android of one flavor or another.

Everybody should be happy. Except of course they won't be.

RE: right on!
By retrospooty on 1/8/2013 2:29:11 PM , Rating: 3
Wow, a rare balanced post from Tony? Awesome. Did you make a new years resolution, or are you just having an off day? ;)

The only thing I would add is that the dev. rev. on Android will grow. The more and more phones out there, the more things tip in its direction. At some point parity will occur if things keep going the way they are now.

RE: right on!
By xti on 1/8/2013 3:02:49 PM , Rating: 1
yeah, and he got -1 instantly. We had it on a silver platter people...but noooo misery loves company.

RE: right on!
By retrospooty on 1/8/2013 5:17:01 PM , Rating: 3
That is becasue no-one reads it, they just down vote it.

That would be the problem with being completely biased 100% of the time LOL.

RE: right on!
By flyingpants1 on 1/8/2013 11:48:44 PM , Rating: 2
Think he accidentally signed in on the wrong account ;)

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