Samsung Electronics, the world leader in mobiles and memory chips, likely earned a quarterly profit of $8.3 billion, as it sold close to 500 handsets every minute and as demand picked up for the flat screens it makes for mobile devices, including those for rival Apple products (Source : TOI)
Samsung has issued preliminary earnings guidance for Q4 and said its expectation is another record quarter with consolidated profit of around 8.8 trillion Korean won ($8.3 billion), on consolidated sales of approximately 56 trillion Korean won ($53.6 billion). The Q4 figure compares to 8.06 trillion Korean won in the previous quarter, and 4.66 trillion Korean won in the year ago quarter.
According to figures, Samsung shipped 18 million Galaxy S III units in the third quarter, up from 5.4 million in the second quarter, an increase of 230 percent.
Apple, meanwhile, shipped 16.2 million iPhone 4S handsets during the third quarter, down from 19.4 million in the second quarter, a decrease of 16 percent.
Apple also shipped 6 million iPhone 5 handsets during the third quarter since its launch in September. That said, Apple said on September 24 that it sold 5 million iPhone 5 handsets in the first weekend alone, but as the third quarter typically ends on September 30, it tallies up with the research firm’s estimates.
Strategy Analytics executive director Neil Mawston said in prepared remarks: “Samsung’s Galaxy S III has proven wildly popular with consumers and operators across North America, Europe and Asia.”
Foreseeing the statistics above only gives us a reason to anxiously wait & watch what Samsung Galaxy S4 has in store for us.The device, reportedly named Samsung GT-I9500 is already creating waves in the smartphone market with the rumored features expected to be :
- Exynos 5450 CPU clocked at 2.0GHz
- Mali-T658 8 Core GPU
- 4.99″ SuperAMOLED Full HD Resolution Display
- 2GB of RAM
- 13 Megapixel Rear facing Camera
- 2 Megapixel front facing camera
- Android 4.2.1 Jelly Bean out of the box
Recently, a photo of the rumored S4 was leaked :