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Over 68 million phones sold; 53-percent increase in operating profits for the quarter

Ahead of its official Q1 2013 earnings release on April 26th, Samsung is releasing its profit guidance -- aka expectations and rough numbers -- for the quarter, and things are looking pretty good for the South Korean smart phone behemoth. Increased sales of mid-range handsets worldwide contributed to an estimate of 68-70 million phones sold in the quarter, which surprisingly is an increase over the holiday quarter's sales of 63 million. Sales reached an estimated $46.2 billion, leading to operating profits of $7.7 billion -- up 53-percent.

These are of course estimates and analyst commentary on them, but things are looking just as promising as previous quarters for Samsung. In a quarter that has historically not been one for high sales or profits in the consumer electronics space, it has performed extremely well. We'll of course be breaking down the true earnings numbers when that official report comes later this month.

Source: Reuters

 
There are 21 comments

dovlek says:

Can someone stop samsung?

SlimJ87D says:

Why?

OceanView says:

Nope, the momentum is with them at the moment.

dannyd86 says:

For the moment they have the momentum. But give it a couple years and anything can happen. This is the most competitive, and fastest advancing tech market. Possibly of all markets in the world.

Exactly....Just think about Nokia or Motorola 10 yrs ago or even Blackberry only 7 yrs ago.

mwara244 says:

Motorola started in the 1930's, they created the first cell broadcast in the easrly 70's. Motorola is not going anywhere now that Google controls most of it. I'm sure Google and Motorola have a tone of innovative technologies they'd like to implemtent, Google would like to make money on some of it's innovation and has Moto to do it with now. And who Knows what patents Motorola has been sitting on over the years just waiting for technology to catch up to implement them.

mrnavkhan says:

Ya Nokia

No android manufacturer will EVER STOP Samsung period not even Google or it's Nexus line devices. With their current market share of 40% for 2012 you can rest assured that will grow to over 50% market share in 2013. The sad part is the closest android manufacturer to Samsung's market share in 2012 was Hauwei at 6%. It's like NOBODY ELSE even exist or matters honestly. I've said before and will always say REGARDLESS of who likes it or not Samsung is android plain and simple.

squiddy20 says:

And yet, when Android showed up about 4.5 years ago, everyone "knew" it couldn't compete against Apple's iPhone. Never say never, retard.

cashxx says:

Only reason they are doing so well is because of the headlines with Apple and the lawsuit. Not to mention the copying! Now Samsung continues the trend and is putting a store within a store that looks an awful lot like the Apple Store within a store at Best Buy. So whats next for them or Google to copy?

DroidXcon says:

who cares what they copied, if no one copied Henry Ford we would all still be driving Model T's

SlimJ87D says:

Sure buddy. Your iPhone is so behind on innovation that it has no choice to copy others now.

The iPhone was behind the day Steve jobs announced that the iPhone can now make folders and store apps in the folders. Too bad the Android had been doing that way before.

What was next? Panaroma shot? The Android had that about a year and half before the iPhone got it.

Oh! You can reject incoming calls with a SMS? Yeah, Android had that 2 generations before you guys did.

Now introducing the notification bar! Android had that since day 1.

So what's next? You're going to finally get NFC in the 5S and call it yours? You're not getting any cheese with your w(h)ine so please, stop it.

buffdaddy72 says:

The sad thing is when Apple showcases these "new" features at their press events. They spin these new features as if nobody has ever done it before, and most (not all) of the tech media fall all over themselves praising how innovative it is.

Prime example will be when Apple finally puts NFC in the Iphone. They'll spin it like it was their idea. Predictably the press and Iphone enthusiast will fall for it, hook, line and sinker.

BigBernard says:

@cashxx - What a load of bollocks...

Pathetic. Get your iPhone out of your ass and comeback when you have something constructive to add to the conversation.

Konahamarue says:

so just because you don't agree it isn't constructive? Regardless of how the commenter feels, he/she did have a point. Fandroids can be just as bad as iSheep.

MERCDROID says:

Name one thing that Cashxx said that was constructive. We're waiting...

"Fandroids can be just as bad as iSheep."

Instagram, enough said. iOS users got angry because a service opened its doors to "geeks" and "people on food stamps." So, no, you're completely wrong in that regard.

You NEED TO GIVE IT A REST. If they copied anything that was in 2009/2010. They ain't copying anything now cause clearly their devices are what android user prefer. They sold 213 million Galaxy S3's and Galaxy Note 2's in 2012 at 40% market share. Time has come for people to realize that Samsung is the best brand on the market. They are the creators of a very successful Phablet category that is industry leading in software development and implementation of features. The Galaxy S3 and Galaxy S4 are the BEST devices on the market along with the Galaxy Note 2. And with the Galaxy Note 3 upcoming nothing will ever be better period.

squiddy20 says:

"They sold 213 million Galaxy S3's and Galaxy Note 2's in 2012" No. They definitely did not. They SHIPPED that many SMARTPHONES (as in, ALL the smartphones Samsung makes, not just Note 2's and S3's). Learn the difference. The Wall Street Journal article you are taking these "facts" from said no such thing about how many devices Samsung sold.

"Time has come for people to realize that Samsung is the best brand on the market." And that is your opinion, not an empirical fact. I can find millions of people who hate Samsung's products.

"They are the creators of a very successful Phablet category" No. They definitely are not. While the Dell Streak 5 may not have had the sales of even the original Note, it was THE FIRST Android smartphone with a 5 inch screen, arguably the first "phablet", almost a whole year before the Note. Try fact checking your sorry self.

SlimJ87D says:

Look at all this guys pathetic post begging for free Android stuff. Then he goes around trash talking it. What a loser.

"For the love of god please let me win! Going to call all my iPhone buds and say I just won the best Android phone!!"

http://forums.androidcentral.com/search.php?searchid=2564044

VHMP01 says:

Let´s talk´'Coping'...

Panorama + Notification Bar + Folders = Android
Reject calls with SMS = Android
iMaps = Google Maps (Opps)
Ping = Facebook, Twitter
iPad = Samsung´s Photoframe
iPad Mini = Dell Streak
iPod = Creative Technology and Walkman
‘iPhone’ name = Linksys’ iPhone®
Original iPhone = Samsung’s S700 Mp3 Player
iPhone 4 & 4S = LG’s Prada
iMessage = BlackBerry Messenger
Siri = Xiaoi Bot + Nuance
App Store = Ubuntu Software Center
Bigger Screen = Everybody else
MacBook Air = HP’s Sojourn
Macsafe = Asian Crockery
Thunderbolt = Intel
OSX, iOS = Unix
Newton = Psion Series 3, HP 95LX
Apple Logo = Genesis 1:6, 3:6
Aluminum = Cheapest Metal
Plastic = ($$$ Reinforced Polymers)