Samsung’s YoY profit rose by 27% during 2013. Mobile revenue is leading the way with growth of 32%. However, Q4 profits took a hit as a result of high marketing expenses.
For the first time since the third quarter of 2011, Samsung will post a quarter of declining profits. Samsung’s results for Q4 2013 will miss analysts’ estimates, due to slowing sales in the mobile business and massive year-end bonuses paid to employees.
For the second quarter since it went public, HTC posted an operating loss, generated by lackluster sales in what’s generally the hottest quarter of the year. Q4 2013 was the ninth consecutive quarter of declining sales for the company that was the darling of the mobile industry just a few years ago.
Sony managed to sell 10 million Xperia devices in the July-September period, compared to 9.6 million in the previous quarter, and 8.8 million in the same quarter of 2012.
While Google’s core ad business is doing remarkably well, its subsidiary Motorola is ailing, more than a year after it joined the fold, and in spite of the launch of the much hyped Moto X.
HTC and Samsung, two of the most emblematic Android manufacturers,. released financial results at the same time today, highlighting the massive difference between the extreme points of the Android landscape
Sony managed to obtain a profit in Q1 2013, buoyed in part by improving smartphone sales.
HTC has made a profit in every quarter since its founding, but the next few months may bring its first loss, warned the company.
Samsung has released its financial results for the second quarter of 2013, reporting a $6.96 billion net profit, but smartphone profits are struggling.
LG Electronics has released its earnings report for Q2 2013. The company banked a net profit of 156 billion won, and shipped a record 12.1 million smartphones. But is it enough to break the pessimistic investor attitude towards the smartphone market?