What are you thinking?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

Samsung has been steadily progressing and improving its position not only in the smartphone market but also in its other businesses, trying to improve its profits further. The company had huge hopes with the recent launch of its flagship smartphone Galaxy S III. And in a way, these hopes were justified since Galaxy S III seems to be doing a roaring business.


Samsung recently overtook Nokia as the largest mobile vendor in the world. And it seems to be on its way to smash a few more records. The company has posted its quarterly earning preview forecast which has pinned the overall revenue of the company at a whopping $41.4 billion.

Out of this, the profits of the company come to a record amount of $5.9 billion, an amount of profit that the company has never been able to amass earlier. One of the key components of Samsung’s success is, without a doubt, its new flagship smartphone Galaxy S  III. The sales of the smartphone were expected to hit 19 million by the end of this quarter.

According to an analyst, “Revenue is below our forecast, which suggests price pressure was more severe than had been expected in products such as televisions and home appliances.  Earnings will be stronger in the current quarter as sales of the high-end Galaxy S III will increase dramatically and drive the telecom division’s earnings to above 5 trillion won.”

With the economy of Europe somewhat of a mess right now and Euro on a reeling course, Samsung’s business in the region has suffered. However, an anonymous Samsung executive stated, “Europe is our biggest consumer electronics market and we may have to initiate cost cuts and product price increases should the euro fall further from the current level. Our smartphones are flying off the shelves, with some outlets reporting 40-60 percent sales growth, but that’s distorting the overall trading outlook which is more challenging due to the weak global economy and a weak euro.”

Source: Daily Tech

Buy Cheapest Related Product From Amazon.com


[Tutorial] How To Fix Your Machine If It’s Infected With DNSChanger Malware

Japanese Two-armed Robots Replace Human From Doing Risky Lab Work
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On July 8, 2012(2 years, 5 months ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

Many users are already complaining and searching for the tips of how to capture the screenshot on LG G3. The tutorial will help to do that.
The tutorial will help how you can minimize the mobile data on your android device (Here we used LG G3 S for the tutorial)
The tutorial will help you to turn on battery Saver for LG G3 or G3 S both manually and automatically.
This tutorial is about how you can set up various auto reply messages on LG G3 S tp know the caller why you could not answer the call.
This tutorial is about disabling automatic shortcut creation of new installed app on android devices.
This tutorial is about showing you how to turn off location in Facebook of your Android devices.
My tutorial is for those who wants to delete those history partially or fully or to disable those if they want.
This tutorial will show you how to stop those videos in your Android mobile not to play automatically.
This tutorial will help you to Disable Auto-Update Of Android Apps in your Android Device. The steps are quite easy to execute.
This tutorial will help you to clear search history from your Google Play Store in your Android Device. The steps are quite easy to execute.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook