Samsung expects $ 7.7 billion profit in the first quarter of 2013

Apr

5

2013

Samsung expects $ 7.7 billion profit in the first quarter of 2013

With an increase of 53% over the corresponding quarter expects Samsung in profit in the first quarter of 2013: 7.7 billion U.S. dollars of profit it should be. This is higher than analysts have been expected, but less than the $ 8.3 billion profit, generated in the fourth quarter of 2012, the company.
Samsung expects $ 7.7 billion profit in the first quarter of 2013

The final figures come until the end of the month, but since it can be assumed that the estimates of the company at least be very close to the final result would be that the series of ever new record quarterly results as a result once finished – but an increase of 53% compared to last year is of course still not bad news.

According to analysts’ estimates of Counterpoint Research in Hong Kong in 2013 Samsung sold about 25 million per month smartphones , which would be about 70 million units in the first quarter – significantly more more than 63 million devices in the fourth quarter of 2012. Reasons for the lower profit despite more smartphones sold are likely to be shrunken margins, as to wait for the announcement of the Galaxy S4 many potential buyers of the now old top model S3 with their purchase, increasing the number of devices sold so rather in the lower price segments came . Also increased production costs could have reduced the margins.

The final figures for the first quarter, Samsung 26 Published April – three days after Apple . The direct comparison would be interesting, even if the announcement of the Samsung Galaxy S 4 have an effect on the sales of the Apple iPhone fifth

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