Tablets to Buy: Samsung to record, but sells few Galaxy S4

Friday, October 25, 2013

Samsung to record, but sells few Galaxy S4 - WebNews

Floriana Giambarresi , October 25, 2013, 14:09

Samsung has just released the new financial data relating to the previous quarter, which shows a great increase in operating profits achieved by the famous company. It’s a quarter yet to record but this has been made possible by the huge sales of low-end smartphones, while the Galaxy S4 sold less than expected . In addition, market analysts say they are concerned about the company’s ability to overcome in the future increasingly fierce competition.

Into The operating profits of the house South Korea for the last quarter (which runs from July to September) amounted to about 9.56 billion U.S. dollars, an increase of 7% compared to the previous three months and a whopping 26% compared to the same period last year. Samsung also announced total revenue of about 55.59 billion dollars, and both figures represent new records for the company.

Into The largest source of income comes from IT and mobile division of Samsung, which has generated profits of $ 6.3 billion, it is worth noting that this growth is mainly attributed to the success of cheap phones of the manufacturer, which offers the public a really wide range of low-end Android smartphone, which offset the weakening of sales in the high-end segment. The real question concerns the latter in fact sales, especially those relating to the Galaxy S4.

Into The CEO of Samsung JK Shin has recently announced that the Galaxy S4 has reached 40 million units shipped globally in six months since launch, and today’s financial report indicates that the company has recorded an increase in total sales of all its smartphones 10%: there is to be noted that, as regards the Galaxy S4, the first two months since its debut it had been sold 20 million units, after four months instead of another 10 million units, while in the month of August the bill stopped at 5 million. There is thus a weakening demand for the device top of the range .

Into Despite the increase in sales, the IT division and Samsung mobile has increased its revenue by only 3% and this, combined with a growing concern for the profitability of the group in the high-end segment, has led several analysts to wonder about the future of Samsung . Kim Sung-soo LS Asset Management, for example, said to Reuters that “Samsung has done well, quickly reached after Apple in the smartphone market. But I wonder if you would be able to do better. Such as Nokia, could arrive at the peak of its market share [...]. Samsung will need to expand its sphere of action. “

Into The Galaxy S series is in fact so far managed to get a hit that would make the company a market leader, but in the future there will be a ever-growing need to create new products , they can innovate. In fact, Samsung is already there trying: it has just launched the Galaxy smartwatch Gear and recently unveiled the Galaxy Round, the world’s first smartphone with a curved display.