Samsung never lost its mojo at all as Q3 smartphone sales were hot

Samsung never lost its mojo at all as Q3 smartphone sales were hot
It seems like it was light years ago when Samsung's shares started falling amid questions about possibly declining sales of the Samsung Galaxy S4. Korean brokerage firms were cutting their estimates of the number of units of the flagship model that they expected would be shipped by Samsung. U.S. brokerage house Merrill Lynch had cut its estimates of Samsung Galaxy S4 shipments for the year by 5 million to 65 million units. But the head of Samsung Mobile, J.K. Shin, said back then that "S4 sales are solid. It's just that some analysts had higher expectations and then they lowered them." Now as we enter the last month of the third quarter, it seems that Shin might have been right after all when he said that Samsung Galaxy S4 sales were solid.

Samsung Securities, which is a full service investment house, predicts that despite "Galaxy S4′s sluggish initial sales", the manufacturer is expected to sell  over 80 million smartphones during the third quarter that ends this month. During the second quarter, the Korean OEM sold 71 million smartphones of which 22 million were the Samsung Galaxy S4. Clearly, the worries about Samsung and its flagship model were over done. The fears that Samsung would ship 7 million Galaxy S4 units monthly instead of the 10 million originally expected, now appears to be paranoia on the part of analysts.

And with the Samsung Galaxy Note III expected to be introduced on Wednesday, the positive sales trend should continue during the fourth quarter. It looks like Samsung never lost its mojo at all.

source: CSTimes (translated), GforGames via GSMArena

Related phones

Galaxy S4
  • Display 5.0" 1080 x 1920 pixels
  • Camera 13 MP / 2 MP front
  • Processor Qualcomm Snapdragon 600, Quad-core, 1900 MHz
  • Storage 64 GB + microSDXC
  • Battery 2600 mAh(17h 3G talk time)

FEATURED VIDEO

28 Comments

1. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

Maybe Samsung will make an update to Android 4.4 KitKat for Galaxy devices just to thank the Samsung Galaxy owners for supporting Samsung? By the way, congratulations Samsung!

2. fanboy1974

Posts: 1345; Member since: Nov 12, 2011

So the S-Pen is mightier than the sword!

3. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

No, you can't swing the S-Pen. You can only swing the sword.

4. hellonerds

Posts: 334; Member since: Aug 27, 2013

because samsung is great with updates..well besides them pesky carrier crapware but thats what rooting is for :D ill take a note 3 with kit kats on the side and a apple to bite on :D

13. giani

Posts: 269; Member since: Nov 13, 2012

How's you're 4.2.2 getting on ?!

19. rd_nest

Posts: 1656; Member since: Jun 06, 2010

GN3 is launching with 4.3, not 4.2.2 like other vendors

5. rdemon

Posts: 50; Member since: Aug 23, 2012

Yup! Sounds about right. Getting my GN3 for sure.

6. HouTexan

Posts: 461; Member since: Jan 08, 2012

Note 3, here I come.

7. iushnt

Posts: 3122; Member since: Feb 06, 2013

good job sammy!!

8. chocolaking

Posts: 495; Member since: May 22, 2012

Did they lower the price of S4 just to reach that sales number????????? GOOD JOB!

10. SonyFindOneDroidple

Posts: 865; Member since: May 11, 2013

Lols to chocotroll

9. flynfree

Posts: 374; Member since: Jun 09, 2013

Tomorrow we will see the light of gnote3. Don't make us disappoint with the internal storage, pls! 16 gig is not enough for cutting edge handset.

11. NikhilatMobileJury.com

Posts: 5; Member since: Sep 03, 2013

Samsung is selling phones like hot cakes. LEts see how Note 3 sales will do!

12. SonyFindOneDroidple

Posts: 865; Member since: May 11, 2013

In our country, youLL notice that almost all artists are switching to Galaxy especially the young ones, grannies are still brainwashed by Apple.. 90% of my friends, schoolmates and relatives own a Samsung device.. s4 is very attractive to business-inclined people and tech addicts SAmsung must do something because HTC One, LG G2, Moto X and Honami are real beasts..

14. Napalm_3nema

Posts: 2236; Member since: Jun 14, 2013

I'm guessing you don't live in the U.S., because the iPhone is far and away the best seller, regardless of demographics.

21. takeja

Posts: 35; Member since: Aug 16, 2013

In US people don't mind PRISM 52% or the US aggression so they have irrational choices, they don't like freedom, they need someone to decide for them so they prefer limited Apple to Android

27. willard12 unregistered

Or, the iphone is heavily subsidized by carriers in the US unlike bastions of freedom like Europe and Asia. Android still has 52% marketshare in the US. That is why your entire family is standing in line hoping to immigrate to the US.

15. SonyCraperiaSucks

Posts: 25; Member since: Aug 30, 2013

Go Samsung! Getting my NoteIII soon and I CANT WAIT!~ Good job Samsung,,FIGHTING!~~~

16. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Sammy thinks about their customers. So its hard to lost its mojo.

17. androiphone20

Posts: 1654; Member since: Jul 10, 2013

I am in the line people,... for the iphone5s

22. takeja

Posts: 35; Member since: Aug 16, 2013

We know that you need to be led by Apple....without any choice you don't like freedom and responsibility Still can not copy a file or choose any default app, browser etc with a limited iToy You probably even like ebook price fixing by Apple

24. Googler

Posts: 813; Member since: Jun 10, 2013

http://www.youtube.com/watch?v=2bT7mHDP4i4 Full episode is classic, sums up a lot of how people interact with technology.

18. flynfree

Posts: 374; Member since: Jun 09, 2013

Maybe some of the reason why the sgs4 is not selling well like the sgs3 just because of lack of internal memory, and glossy back design. Replace the sgs4, with S800 CPU, 32 gig ROM with the back cover of s4 active/sgs2, as early as possible.

20. Trex95

Posts: 2383; Member since: Mar 03, 2013

I don't think so this the reason the mean reason it's the competition.

26. ajac09

Posts: 1482; Member since: Sep 30, 2009

99% of people buy it dont give a rats ass about any of that. The reason for slow sales( for ALL smart phones not just gs4 but the iphones as well) is because of the economy.

23. taz89

Posts: 2014; Member since: May 03, 2011

Said this all along when news of samsung "strugling" and stock was going down that just like with apple, analyst can't always be trusted. They love playing the market.. anything they say you really got to take it with a pinch of salt

25. Tsepz_GP

Posts: 1176; Member since: Apr 12, 2012

Goes to show that analysts can't be solely relied on, excellent work by Samsung :D Samsung haters not going to like this one bit though, shame.

28. Samsungadroidrules

Posts: 104; Member since: Jul 28, 2013

NEVER Mind those Pathetic Analyst. Their predictions or what ever are not important. A company will survive and earn without them. Congratulations Sammy! Loving my Samsung GS4 Black Mist! And OMG, Samsung Galaxy Note 3 will be the next beast after S4! :) Love ya Samsung! R.I.P To Outdated Copy Cat iPhones! Hahhaha

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.