Monday, 9 January 2012

Samsung's Mobile Products Fuel Record-Setting Earnings...

Helping fuel Samsung's current
mobile domination!
Samsung, Asia's most valuable technology company and the world's biggest technology firm by revenue, has hit an all-time high in earnings based on the success of its smartphone business.

Shipments are expected to reach a record 35 million in Q4, 22% better than the previous three months when it powered past Apple as the top smartphone maker on the planet. Yet despite this record setting exploit, during 2012 Samsung will likely ship 170 million smartphones, up from 95 million in 2011.

A truly spectacular achievement by a company which only began making smartphones in 2010, and a performance that dwarfs even Apple's much-lauded smartphone accomplishment.

Samsung's new Galaxy Note phablet has had a very successful launch in Europe and Asia during the holiday season which raises expectations for the upcoming US launch. A success in the world's second largest smartphone market (China has overtaken the US) will extend Samsung's lead over all its rivals in the mobile field, none of the competition having an equivalent device and Apple unlikely to follow its Korean rival into the phablet space.

As Kim Yun-sang, fund manager at IBK Asset Management notes... "As expectations for Apple to continue its innovation trail [are] receding a bit, this will be the year when Samsung solidifies its commanding lead in the smartphone market".*

So far though, Samsung's entry into the emerging tablet market has been tempered by ongoing patent battles with arch-nemesis Apple, the iPad maker attempting to have sales of Samsung's tablets banned in various major markets across the globe.

However, Apple has only succeeded in slowing Samsung's process thus far. It's widely expected that new Samsung models will circumvent future patent suit attempts by its Cupertino based foe and Apple will be forced to switch tactics to attacks on the Android OS instead.

*Caveat - IBK Asset Management owns Samsung stock. It's not known if they own any Apple stock.

Source: Reuters

3 comments:

  1. Hi, a little off topic but you don't by any chance have an intention of reviewing the Galaxy tab 7.7 do you? Looks a quite appealing combination of form factor and screen goodness for on the go browsing and media consumption... (and now in stock by Mobicity et al)

    Cheers Jake

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  2. @Jake: Indeed we will be reviewing the 7.7 - I pick mine up after work today in a few short hours!!! Keep an eye out on our YouTube channel for the inevitable unboxing and demos to come!

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  3. Excellent work, and will do! I look forward to the pocketability and held-to-the-ear-used-as-a-phone tests... will make the Note look petite! ;)

    - Jake

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