Samsung to report record operating earnings of $5.9 billion for second quarter
posted by Alan F. / Jul 05, 2012, 10:23 PM
Strong sales of handsets have enabled that division to double profits while other divisions producing chips, and electronics for consumers, are battling tough times. The recent launch of the Samsung Galaxy S III has been a world wide success with one analyst calling for 19 million units sold in the quarter. The 6.7 trillion won operating profit is 14.5% above the prior record set in the first quarter. Revenue is expected to come in at 47 trillion won ($41.4 billion USD), below forecasts of 50 trillion won. Despite the success of its handset line, Samsung shares have tumbled 15% in the last two months.
- Display 4.8" 720 x 1280 pixels
- Camera 8 MP / 1.9 MP front
- Processor Samsung Exynos 4 Quad, Quad-core, 1400 MHz
- Storage 32 GB + microSDXC
- Battery 2100 mAh(11.60h 3G talk time)
Posts: 15; Member since: Jul 04, 2012
Great job sammy!
posted on Jul 05, 2012, 10:50 PM 15
Posts: 5993; Member since: Dec 22, 2010
Any wonder why iApple wants to stop Sammy? Those are sales that could have gone to purchase iDevices had Sammy not been poaching in iApple's turf.
posted on Jul 05, 2012, 11:16 PM 5
Posts: 85; Member since: Jul 05, 2012
Galaxy S3 is no doubt a smart device but, 4.7" screen don't you think its too big.
posted on Jul 05, 2012, 11:36 PM 6
Posts: 470; Member since: Nov 16, 2010
Wow, great job Samsung but kinda makes you wonder, with 19 million estimated gsIII handsets sold, whose really the sheep. Just as bad as apple fanboys and loyalists. And regardless to what anybody says, the gsIII isn't a huge upgrade over the gsII and yet Apple gets drilled by Android faithfuls for minor upgraded devices once a year but it's ok for Samsung right? Smh. Get a grip people, Samsung is just as greedy as Apple and any other huge corporation.
posted on Jul 05, 2012, 11:07 PM 5
Posts: 718; Member since: Oct 13, 2010
Lmfao are u fn retarded.. Apple people go around showing there phone off like it's the greatest thing ever and ur sumhow inferior if u don't own 1 Sammy htc and moto buyers don't do this.. Apple people no matter what ur talking about in a conversation always got to change the topic to bring up that they own 1 and Sammy moto htc don't go around creating and LOOSING lawsuits every other day big difference buddy..
posted on Jul 05, 2012, 11:40 PM 5
Posts: 24; Member since: May 21, 2012
The sheep thing is yet to be determined I believe, as long as Samsung continues to develop phones that are as good, if not superior to the competition, and they continue to innovate then its called buying the best not being a sheep. But only time will tell. (I already see people buying the SGS3 and being amazed, yet having no clue what its actually capable of. SMH) I still disagree with the rest of your statement though. The reason the iPhone 4S was seen as a poor upgrade was that it kept the same screen size AND technology, same design, same RAM and the only major UI changes it had was its notifications. The Camera improved and it had a dual core CPU, but clearly that's not enough of a change if only ONE new model is released every year. The SGS3 is considered a huge upgrade because of new processor, new design, new camera, new screen size and technology used (compared to SGS2), and a MAJOR UI overhaul. What extra features where you looking for? The only allegiance I have is to a company that pushes the envelope, because at the end of the day, all businesses want to make money. I just have to make sure its money well spent on my part.
posted on Jul 05, 2012, 11:52 PM 4
Actually the S3 is a big upgrade from the S2. The amount of features Samsung packed into the S3 are worth getting this phone for. The specs are also better, but technology is only moving so fast at the moment. To make another point, let us know when people take vacation to camp out in line for a phone that has only a few options added to it. Now that's absurd.
posted on Jul 06, 2012, 7:41 AM 1
Posts: 3; Member since: Jul 05, 2012
I am a long term iPhone user and have always been a critic against android. I was a apple fan at heart. But now it's pretty obvious that Samsung, and android in general, have overcome any potential apple could ever accomplish. I am disappointed in the iPhone, but it is evident that the switch to android is proper. Android has succeeded. Apple has failed. Message to all other iPhone fans, it's ok to change what we onced loved. There is no point in "suffering" with what we believe to be is the best and really just missing out on the reality. I congratulate android, for they have won.
posted on Jul 05, 2012, 11:15 PM 23
Posts: 1034; Member since: Mar 30, 2012
The iPhone was the best phone on the market until the OG DROID came out. It was the Time Magazine Gadget of The Year. Apple failed to surpass Android with the iPhone 4 and from then on Android has remained on top. So I agree with your statement.
posted on Jul 06, 2012, 12:36 AM 3
Posts: 17043; Member since: Jun 17, 2009
Well, I think you're being a bit generous. I think it wasn't until Froyo/Gingerbread that Android overtook iOS. As far as devices, the first to really surpass the iPhone was the Galaxy S2. It was close, but the SGS2 edged it out.
posted on Jul 06, 2012, 2:41 AM 1
Posts: 654; Member since: Apr 30, 2012
im, what most people on here, would call an ifan. although i love my phone for the simplicity and size, i honestly must agree with you. if apple continues to fail on delivery on future devices i may just not get them any longer. i thought about getting an ipad just so i could sync everything up with my iphone but since playing around with a friends ASUS Transformer Prime tablet, ive decided it was a better fit for me.
posted on Jul 06, 2012, 1:32 PM 0
Posts: 56; Member since: Sep 10, 2011
I will soon be giving up my Razr Maxx for tje Galaxy s 3, congrats to Samsung!
posted on Jul 05, 2012, 11:18 PM 6
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