Galaxy Note 2 Strong U.S. Sales Expected To Factor Into Record Earnings For Samsung

By Jimmie Geddes email: j.geddes@mobilenapps.com | Jan 09, 2013 10:47 AM EST

Share This Story

  • Print
  • Email

Samsung hasn't officially announced its Q4 earnings but if this leak is to be believed, the electronics giant is going to report record breaking earnings and a very impressive stat of the number of phones it has sold per minute.

Follow us

Reuters is reporting that Samsung will report another record breaking $8.1 billion profit for Q4 2012. Sales of its mobile handsets will reportedly be around a monumental 63 million smartphones sold and hold a very impressive stat of 500 handsets sold per minute. Samsung isn't only making these kinds of profits from its own products; it also makes money on supplying rivals like Apple Inc. with key components found in their iOS devices.

Samsung is expected to announce sales of the Samsung Galaxy S3 at around 15 million sold compared to last quarter's 18 million sold. The Samsung Galaxy Note 2 is expected to push its smartphone sales to a record breaking quarter, with the majority of its phablet sales coming from the US, proving customers want smartphones with 5+ inch screens. The impressive number of smartphones sold lies in the number of different smartphones Samsung released in 2012, a total of 37. This number is glaring compared to its competitors in the smartphone world. Its rivals LG released 24 smartphones during the same period, followed by HTC with 18, then Nokia with 9, and last but not least, Apple releasing only the iPhone 5.

Samsung will reportedly issue a warning that the record 5 consecutive quarters it has been reporting might end next quarter due to weak seasonal demand. This warning is not expected to have any real downside as Samsung will reportedly launch the successor to the Samsung Galaxy S3, the Galaxy S4, sometime in the second quarter. The Samsung Galaxy S4 will be even bigger than the Galaxy S3 as every new Galaxy S model released has easily outperformed its predecessor in terms of display size.

 

Get the Most Popular Mobile&Apps Stories in a Weekly Newsletter

© 2014 Mobile & Apps All rights reserved. Do not reproduce without permission.

Featured Video : Intel Pocket Avatars

Join Our Conversation

Smartphones
Fuzzy renderings of Sony SmartWatch 3, SmartBand TalkSony to unveil Android Wear-powered SmartWatch 3, SmartBand Talk wearables at IFA 2014
Apple pushing iPhone 6 payment system with American Express, Visa, MasterCard deals
Samsung Galaxy Note 4 specs appear in company UAProf ahead of Sept. 3 launch
Motorola’s Moto Maker down for ‘tune-up’ – Ready for new Moto devices?
Tablet / Laptop / PC
Dell Venue 7 and Venue 8Dell unveils Venue 7 and Venue 8 Android 4.3 Jelly Bean tablets
Retina iPad Mini facing delays, may not launch until early next year
Refurbished 128GB iPad with Retina Display now available on the Apple Online Store
Samsung Galaxy Note 10.1 – 2014 Edition: Pricing and availability now official
Gadgets
Amazon LogoAmazon reportedly to launch ‘Firetube’ set-top box before 2013 holidays
Samsung Galaxy Note 3 and Galaxy Gear India launch: Pricing and availability
Samsung Galaxy Gear Android smartwatch now up for pre-order in Canada
Samsung Galaxy Gear 2 reportedly in the works already, may debut at CES or MWC 2014
OS / Software
HTC LogoHTC reportedly considering Android/Windows Phone dual-booting smartphone as Microsoft pushes for deeper Windows mobile integration
iOS 7 Chrome Incognito mode leaks private searches due to bug
Sprint HTC One Android 4.3 Jelly Bean already rolling out, AT&T, T-Mobile & Verizon to follow
Microsoft Windows 8.1 now available for pre-order
Internet / Social Media
Google DowntimeGoogle blacks out for two minutes, causes 40 percent drop in world’s Internet traffic
Xbox Music web player is live and ready for Xbox Music Pass subscribers
Facebook Android app collected phone numbers even if users never logged in
Firefox 22 brings support for web video calls, 3D gaming, and Unreal Engine 3
What's App
Vine update brings new camera experienceVine gets major update, lets you upload previously-shot videos & more (VIDEO)
BlackBerry Messenger (BBM) finally hits Windows Phone – Available as a free download now
Instagram releases Bolt ephemeral messaging app in select markets to challenge Snapchat
PayPal for iOS update brings loyalty card support, other features and enhancements
Copyright © 2014 Mobile & Apps All rights reserved. mobilenapps
Real Time Analytics