Samsung Racks up Record Profit Thanks to Galaxy S III, Galaxy Note II
January 8, 2013 9:17 AM
comment(s) - last by
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
"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
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
This article is over a month old, voting and posting comments is disabled
RE: right on!
1/8/2013 2:17:14 PM
I'm an Android guy who's never owned an iPhone, but it's unquestionably the best
phone on the market. If that's what you want, then it's among the best in build quality, weight, speed, stability, thinness, and battery life.
I laugh at people wasting their money on overpriced Apple products like their non-air notebooks, desktops, and the iPad (okay, the retina display was exclusive about 8 months, and I could understand buying it then).
But the iPhone? I just can't hate on it.
RE: right on!
1/8/2013 2:22:47 PM
"iPhone.... unquestionably the best
phone on the market."
I agree with you for the most part. It has the best GPU, great build quality, and the power to battery life is great... But a few exceptions. If you want SD card, removable battery, hdmi out, or NFC or any of the other things you cant get with an iPhone its simply not.
RE: right on!
1/9/2013 3:47:44 AM
If we're talking about "indispensable" iDevices then I'd actually have to go with the iPad.
The iPhone is excellent hardware, a leading device in several ways, but I totally understand why someone would want a phone with a larger screen, totally legit reason to want something else. The iPad is a different story, it has the best tablet hardware with the best tablet optimized software library. Nothing else is anywhere close right now.
One of the more common "Apple/X" combinations I see outside of "PC desktop and Macbook Pro/Air" is "iPad and Android/WP phone". Someone I know just paired a Nexus 4 and an iPad 4, and it works great. They get access to all of the great iOS apps on one device and a great inexpensive phone on the other. Win-win.
"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer
Samsung Predicted to Widen Smartphone Market Lead over Apple in 2013
January 4, 2013, 9:03 AM
Samsung Hopes to Sell 390 Million Smartphones Next Year
December 27, 2012, 10:50 AM
Samsung Racks Up 20 Million Galaxy S III Sales in 100 Days
September 6, 2012, 9:15 AM
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM
Apple sued because of iPhone 6 Touch Disease
August 31, 2016, 7:00 AM
Get Ready to wait in line – iPhone 7 due September.
August 18, 2016, 7:15 AM
Most Popular Articles
5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Laptop or Tablet - Which Do You Prefer?
September 20, 2016, 6:32 AM
Update: Samsung Exchange Program Now in Progress
September 20, 2016, 5:30 AM
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM
Latest Blog Posts
Who is in Risk of Getting Oral Cancer?
Sep 23, 2016, 6:02 AM
France Bans Plastic Eating Utensils in Restaurants
Sep 18, 2016, 10:49 AM
Progress Against Acute Myeloid Leukemia
Sep 17, 2016, 5:30 AM
Apple Watch Series 2 - Number 1 in the Customer Satisfaction.
Sep 7, 2016, 6:19 PM
First Self-Driving Car debut on the streets of Singapore
Aug 28, 2016, 4:10 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information