Samsung Q1 sale set to reach 70 million

Operating profit for Samsung in the fourth quarter grew by 53% to 6,000 million euros, according to previous estimates that official results will be announced later this month.

Though the high-end phones such as Galaxy S and Note have not recorded best sales, the Korean company earned more revenue from cheaper models, designed for emerging countries such as Rex and Galaxy Pop In total, the range
of possibilities phone covers over 30 models.

This forecast of results has been achieved without the new smartphone
star, the Galaxy S4, whose sale will start by the starts of this month in the United States. Thus, analysts predict that the next quarter will be better for the company.

Valued at 220,000 million, the Korean company sold about 68.5 million smartphones in the last quarter compared to 63 million last year including Christmas, the most important of the year. For
the second quarter, an estimated 82 million units sold. According to various surveys,
Mobiles helped the South Korean firm in getting 67% of total profits.

Their great rival, Apple’s sales also starred on Christmas: as they managed to sell 47.8 million phones Despite the good forecasts, the stock fell in the quarter by 3%, and Apple, in the same period,
by 19%.

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Posted by Farasat Ali on Apr 6 2013. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry