Sunday, May 29, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Plextor To Showcase Its Gaming Grade SSDs at Computex 2016
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
SSD Adoption in Notebooks To Increase This Year As TLC NAND Market Matures
Samsung To Launch SamsungPay Mini Online Payments App
Facebook Publishers To Show Ads To Everyone
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
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 Galaxy C5 and C7 Released In China
Samsung To Launch SamsungPay Mini Online Payments App
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Samsung Introduces Galaxy Tab Iris Equipped with Iris Recognition Technology
Huawei Sues Samsung Over Mobile Patents
Samsung Expands 750 EVO SSD With Availability and Increases Capacity to 500GB
Samsung, LG to Unveil Their Display Technologies at SID 2016
LINE FRIENDS Accessories Come to Samsung Galaxy S7 and S7 edge
Samsung Ties Up with Alibaba In Mobile Payments: report
Samsung And LG Electronics To Offer Accerss To More Games Though Their Smart TVs
Samsung Gear Fit 2 And Gear Icon X Earbuds Coming Next Month
Samsung To Develop Chips For Self-driving Cars: report

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 .