Wednesday, October 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Advances Artificial Intelligence With Nervana Neural Network Processor
Razer Launches Quad-core Blade Stealth Laptop and Core V2 External Graphics Enclosure
Google Designed New Pixel Visual Core Chip Internally
The ZTE Axon M is the First Foldable Smartphone
New Microsoft Surface Book 2 Packs Real Power, Windows 10 Creators Update Release
NXP S32 Automotive Processing Platform Brings Future Vehicles to Market Faster
Google's Advanced Protection Program Adds Security Layers to Gmail
Qualcomm Debuts Snapdragon 636 Mobile Platform, X50 5G Modem For Mobiles
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, July 05, 2013
Samsung's Second Quarter Result Hint At Galaxy Fatigue


Samsung Electronics missed the expectations for its quarterly earnings guidance on Friday, deepening worries that its Galaxy smartphone business may have peaked.

HTC also today reported underwhelming sales of the HTC One, which led the Taiwanese phone-maker to miss analysts' quarterly profit estimates.

Samsung's estimates for '13 2Q include approximately 57 trillion Won sales and an operating profit of approximately 9.5 trillion Won.

The preliminary estimate represents a 47 percent increase from a revised operating profit of 6.46 trillion won a year earlier, according to a Samsung regulatory filing. However, the released figures missed analysts' estimates, who are concerned that the high-end smartphone market is nearing saturation.

Samsung didn't provide net income figures or a breakdown of division earnings. Audited results are due later this month.

Samsung has already released Scaled-down versions of the S4 and other models are to protect market share from Chinese rivals selling low-cost smartphones. The company also plans to release more high-end models this year, including a device using the Tizen operating system and the Galaxy Note 3.

Wearable gadgets will also be crucial to Samsung's hopes of riding a new wave of profit growth.

Apple has applied for a trademark for "iWatch" in many countries (U.S.?) signaling the iPhone-maker may be moving ahead with plans for a watch-like device soon. Samsung has also filed a trademark for "Samsung Gear" in the Untied States for its range of wearable devices.



Meanwhile, in the quarter ended June 30, HTC posted a net profit of $42 million, down 83% from a year ago.

HTC is expected to release the HTC One Mini by August. The smartphone will feature a 4.3-inch screen and come with slightly cheaper components than the 4.7-inch HTC One. Later, rumors suggest HTC should unveil an HTC One Max smartphone-tablet combination device.


Previous
Next
Microsoft Opens 2013 Xbox Live Registrations        All News        Toshiba Launches 13 Megapixel CMOS Image Sensor With Color Noise Reduction
Softbank's $21.6B acquisition of Sprint Approved By FCC     Mobiles News      Toshiba Launches 13 Megapixel CMOS Image Sensor With Color Noise Reduction

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Introduces Cellular IoT Mobile Device to Track Your Pets, Children, or Personal Items
Samsung CEO Kwon to Resign as Profits Surge
Samsung Gear Sport and Gear IconX 2018 are Launching in the U.S.
Samsung Takes on Sony With New ICOCELL Image Sensors for Smartphones
Apple iPhone 7 Remained Top Smartphone Model in First Half of 2017
Samsung SDI Showcases New '21700' Cylindrical Battery With 50 percent Bigger Capacity
Samsung Foundry Tapes Out eMRAM Test Chip Based on 28nm FD-SOI Process
Samsung Galaxy Note8 Available in Stores Today
Both LG and Samsung Invest EUR25 million in OLED Material Developer Cynora
Samsung to Create US$300 Million Fund for Auto-related Technologies
Samsung SDI Introduces Battery Technology Advancements for Electric Vehicles
Samsung Mobile Chief Confirms Foldable Phone Project

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .