JPMorgan predicts that, are you ready for this?, Samsung will ship a total of 320 million smartphones in 2013, a quarter of which should be Galaxy S4 units.
Samsung has announced its earnings guidance for this year’s first quarter and, with an estimated operating profit around $7.7 billion, the company doesn’t have too many reasons to complain.
Everybody knows by now that Samsung had a sensational 2012 from a financial standpoint, boosting sales and profits fiscal quarter after quarter. But surely the company’s rise has to lag a little in the first three months of 2013, right?
Documents obtained by the Korean press show why Samsung Electronics is dominating the mobile market. The conglomerate spent a record $11 billion for marketing activities last year, and $10.6 billion on research.
With the financial state of most OEMs involved in the Android décor being rather gloomy, you can always count on one company to deliver the goods and rake in the big cheese – Samsung.
Google has released its financial results for the last three months of 2012, the search giant had revenues of $14.42 billion during the quarter, up by 36% when compared to the fourth quarter of 2011.
While things didn’t go as bad for LG in 2012 as they did for, say, HTC, we have to say the Korean company, which was once upon a time seen as a fierce Samsung rival, mostly underperformed.
More great news for mobile giant Samsung: quarterly profits for the world leader in mobile phone and memory chip sales have gone up for the fifth consecutive quarter.
In case you haven’t noticed by now, the global economy isn’t exactly doing too well. Countries are struggling to pay off their debts, which means they’re being really anal about making sure everyone is paying their taxes. Large companies, by the very nature of the fact that they’re massive, make a ton of money. Do they store that money where the bulk of their employees live? Nope. They often use what’s referred to as “tax shelters”.
There’s a lot of Apple hate going on in the comments section of our website (sometimes justified, sometimes not as much), but if there’s one thing fanboys, Android enthusiasts and neutral tech lovers can’t deny is Cupertino’s ability of turning everything it touches into gold.