Samsung expecting record smartphone sales in Q4

Samsung expecting record smartphone sales in Q4
Samsung is expecting to post record smartphone sales in the last quarter of 2011, which will be a huge factor in the company’s positive results for the Holiday trimester. In the third quarter of 2011, Samsung zipped past Apple to become the world’s largest smartphone maker and in Q4 smartphone sales could reach the whopping 35 million, nearly 25% more consequentially.

Samsung will release its quarterly guidance on Friday, with the official results ringing in late January. Analysts expectations point to Samsung ending the quarter with nearly $4.1 billion (4.7 trillion won) in operating profit with revenue of 46.2 trillion won.

"Its smartphone business is now a main growth driver, and has also lifted growth of its component business. But the biggest challenge is whether it can hold onto its smartphone market share against rivals. Any retreat in phones could also be detrimental to mobile chips and display operations," Lim Do-ri, analyst at Solomon Investment & Securities, said.

The Samsung Galaxy S II and the recently released Samsung Galaxy Nexus are one of the hottest Android smartphones on the market right now, and in 2012 the Koreans are expected to bring the 5.3-inch Galaxy Note to the States. At CES, the company would also possibly unveil new devices, and everyone is hoping for a successor to the Galaxy S II.

Samsung is Asia’s most valuable company and the world’s largest tech company by revenue. In 2012, the Koreans are projected to see record smartphone sales of 170 million units. Samsung remains the only profit-making DRAM chip maker, and its TV business could also contribute to a very strong Q4, so stay tuned.

source: Reuters

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13 Comments

1. rami167

Posts: 7; Member since: Jan 04, 2012

Sales and Sales , why can't they work on ICS updates first for S2 and other 2011 smartphones...dammm

2. xray174

Posts: 85; Member since: Nov 21, 2011

lol i feel ur pain too

12. taz89

Posts: 2014; Member since: May 03, 2011

well considering the recent leaks they are working on ICS for the s2

3. rami167

Posts: 7; Member since: Jan 04, 2012

Yup Its been 7 months I purchased and I am still stuck on 2.3.3. I wish apple could offer such hardware with their IOS , so i dont have to wait for so long.

4. Mr.Mr.Upgrade

Posts: 474; Member since: Aug 30, 2011

Lol sorry to hear bout that

5. musi722

Posts: 46; Member since: Dec 15, 2011

can just sales , why? why doesn't samy leave ICS for galaxy s hmmmmmmm maybe they just want money!

6. Martine

Posts: 102; Member since: Oct 20, 2011

"Samsung is Asia’s most valuable company and the world’s largest tech company by revenue" Got it!

10. musi722

Posts: 46; Member since: Dec 15, 2011

really ! more like a trashy joke ! see 2011 brand z chart i hope it can help you find out! oh I'm forgot , tech with out money means nothing!

7. rizzell

Posts: 27; Member since: Dec 31, 2011

I know most of the revenue in Q4 came from the SG2 and the nexus but I wonder how much of the revenue was lost from people returning the nexus because it a piece of crap.

8. SleepingOz unregistered

LOL! Nice one but try to troll harder next time!

9. Martine

Posts: 102; Member since: Oct 20, 2011

Sir, You are a piece of Crap.

11. 530gemini

Posts: 2198; Member since: Sep 09, 2010

Wow, record smartphones sales, but they're expecting hardships in 2012? Hahahahahahaha.

13. taz89

Posts: 2014; Member since: May 03, 2011

i think they are expecting hardships in other sectors of their business...remember samsung are involved in more than just mobile...if you want a list of areas samsung are involved in then just google it.

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