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There’s no secret Samsung is getting better every day. Their Q3 results are impressive, as it’s the first quarter when the Korean giant’s handset shipments surpassed 50 million. More precisely, Samsung shipments totalled 51.8 million, up 22% year-on-year and 13% sequentially, with their quarter-on-quarter growth exceeding the market’s overall growth.
However, because of the tough competition, Samsung Mobile’s operating profit was down 15% year-on-year and down 36% quarter-on-quarter. At the same time, handset revenues reached $4.3 billion, up 27% over the year-ago quarter.
It is also worth noting that Samsung’s success came from selling both high-end and low-end phones, but the company’s operating margin in handsets and network products dropped to 9.5% from the prior quarter’s 11.3%. Apparently, this was due to increased marketing expenses.
As for the market share, Samsung is now holding about 16.7% of the market, up from 15% the prior quarter…
[Via: RCRwireless]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
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