10 million Galaxy S III preordered by carriers, Samsung gearing up for a blowout smartphone quarter
Samsung is rumored to report a 40 million-strong smartphones quarter, thanks predominantly to blowout sales of its entry level Android line, like the smash hit Galaxy Y.
The cheapo $120 off-contract phone is apparently going like fresh bread in emerging markets, backed by its smartphone-with-Android status and the reassuring Samsung logo on it.
Analysts from Citibank and JP Morgan are forecasting a record year-on-year revenue increase for Samsung, to the tune of $5.28 billion in Q1. Eldar Murtazin spilled on Twitter recently that Samsung might have received 10 million carrier pre-orders for its upcoming Galaxy S III flagship, which has become the yardstick to which all Android phones will be measured.
South African carriers already said they have preordered the phone, and it is about to hit the shelves in June/July, expecting it to bear similar price to the Samsung Galaxy S II at launch.