Sunday, July 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Verizon Closer To Yahoo Deal
Lite-On Expands Its SSD Storage Manufacturing
Samsung Sues Huawei
Facebook's Aquila Maiden Flight Is A Reality
ASML Makes Progress on EUV
Google Keeps The Lead Pack In Federal Lobbying Expenditures
NVIDIA Titan X Video Card Coming in August For $1200
Shuttle Launches New Fanless Intel Skylake U Platform Media Players
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 Sues Huawei
Smartwatch Shipments Fall Significantly In the Second Quarter
Samsung Galaxy Note 7 Said Have Mainly Software Than Hardware Changes
Samsung Launches Powerful Notebook 7 spin
Samsung Patents Desribe Foldable Phones
Samsung Galaxy Outsells Apple's iPhone
Samsung SERIF TV Now Available In The U.S.
Samsung Galaxy Tab A 10.1 Launches In The U.S.
Samsung Confirms Galaxy Note7 Is Coming On Aug. 2
Samsung Unveils 4TB 850EVO SSD
Samsung Launches The Galaxy S7 edge Olympic Games Limited Edition
Samsung Beats Expectations With $7 bn profit for Q2

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .