Friday, July 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ARCHOS Unveils the ARCHOS 50d Helium
July 29 Won't Be The Day You'll Get Your Windows 10 Upgrade
Windows 7 Remains The Leading Operating System
Intel President To Leave The Company
Intel Compute Stick Comes With Ubuntu
Nintendo Wants To Surpise With New NX Console
South Korean Display Makers To Provide Flexible Display For Next Apple Watch: analyst
Hewlett-Packard Officially Files to Split
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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
South Korean Display Makers To Provide Flexible Display For Next Apple Watch: analyst
Samsung 'S6 EDGE+' Trademarks Hints At New Model
LG G4 Better Than Samsung And Apple's flagships: report
Samsung Unveils New LEVEL U Wireless Bluetooth Headset
Samsung To Exit The HDD Business
Samsung to Stop blocking Windows Update With New Software
Samsung and LG U+ Signed MoU for 5G Technology
Samsung Said To Deliberately Disabling Windows Update
Red Hat and Samsung Team Up To Deliver Mobile Solutions for the Enterprise
Samsung To Work With U.S. Broadcasters To Advance ATSC 3.0
Samsung Keyboard Security Flaw Puts Milions Of Devices At Risk
Samsung Releases New All-in-One Thin Client Solutions

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .