Samsung has just released its third-quarter earnings report and, quite unsurprisingly, the figures show a strong quarter with a rise in the manufacturer's operating profits. Analysts, however, are concerned about the company's ability to surpass that in light of the very fierce competition in the mobile device industry.
Samsung has shown a strong financial third quarter in its latest financial posting. This was largely due to more affordable smartphone models being sold in emerging markets.
BBC. For a while, rumors have circulated that Amazon might actually be selling Kindle and Kindle Fire's at loss. As it turns out, they are not that discounted, but in business, breaking even is not generally the goal either.
profit for Q3 2012. This is the highest quarterly profit in the companies' history, and much of it is likely fueled by the popularity of the Galaxy S III and other Android devices. Of course, being one of the leaders for high-end TVs certainly did not hurt their bottom line either. Samsung actually doubled their profit from Q3 last year. However, they do not expect that to continue through next quarter. Samsung is indicating high levels of competition from the iPhone 5 will play a major factor in their expected profit going forward. There is also the potential billion dollar bill Samsung could face if none of their appeals in the Apple trademark infringement case work. Besides possibly paying a large sum to Apple, Samsung also intends to ramp up marketing, which can prove quite costly in the short term. The $200 billion smartphone market is obviously competitive, and marketing plays a key role in making a device stand out. Because Samsung is expecting to turn $25bn in profit for the entirety of 2012, they will also be faced with much higher performance bonus payouts for its employees. This will cause Samsung's bottom line to take yet another hit. Still, a record setting quarter is most certainly not a bad thing, and Samsung is clearly in a position to remain among the top electronics companies in the world. [via SlashGear]
ASUS and Google's new Nexus 7 tablet has been released that conflicts with previous reports. After announcing the tablet Google was quoted saying they were making no profit from the tablet, but that wasn't entirely accurate. Last week we reported the tablet cost around $184 to manufacture but new reports today claim it's much less.
since the last quarter. Compare that to the difference between Q3 and Q4 off 2011, when Google increased its income by about 8%.
something of a slump for the last six months or so, showing flat or dropping sales in the face of competitors like Samsung and Apple. And while their first quarter of 2012 isn't exactly showing an amazing turnaround, there's light at the end of the turned for the Taiwanese manufacturer. When compared with the excellent numbers the company put up in 2011, HTC steadily cut its margin of losses in February and March, going from a n over 50% decline to just 16.6%.