Apple iPhone market share Ping!
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Posted on 04/29/2012 7:34:53 AM PDT by SmokingJoe
A surge in Galaxy smartphone sales fuelled earnings at Samsung Electronics to a record high in the first quarter, usually a tough season for the global consumer electronics industry, outshining handset rivals such as Nokia.
Samsung sold more smartphones in the first three months of the year than Apple and raked in more than 70% of its operating profit from mobile businesses. Shares in Samsung shot up nearly 3%.
Net profit nearly doubled from a year earlier to a record 5.05 trillion won (£2.75bn) for the quarter to 31 March.
Operating profit also hit a record high, at 5.85 trillion won, which was in line with expectations. Sales rose 22% from a year earlier to 45.3tn won.
Strong demand for high-end smartphones, such as the Galaxy Note and the Galaxy S2 introduced last year, helped mask lower profit from memory chips, another Samsung flagship business.
"It was a shock for semiconductor, a surprise for handset," said Lee Ka-keun, a Seoul-based analyst at Hana Daetoo Securities.
The Suwon, Korea-based company expects to outdo its record profit in the coming quarters. It will announce a new version of the Galaxy phone next week and global demand for personal computers is picking up, bringing more cash to memory chip-makers.
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Samsung's mobile communications division, which includes smartphones, pocketed 4.27tn won of operating profit in the quarter after seeing significant sales growth of high-end smartphones in developing markets including China, a key battlefield for mobile phone makers.
After narrowly beating Apple last year, Samsung's smartphone sales exceeded Apple's by a large margin in the first quarter. Strategy Analytics said Samsung became the world's top smartphone maker, selling 44.5m handsets in the January-March period, followed by Apple's 35.1m.
(Excerpt) Read more at guardian.co.uk ...
ping
I have a blackberry for work but I still use my Samsung more for work.
The real reason for this is that the Obama administration worked to hold down ATT by denying the buy out of T-Mobile. Verizon is the chosen partner of the Obama administration. They have one in just about every field of enterprise, Goldman Sachs in banking and investment, Warren Buffet’s railroad, GE in green energy, and on and on.
And even then we'll still have to acknowledge that Samsung's (and everyone else's profits) were made possible by Apple's effective innovation. That's not likely to make a kewl headline.
ha. perfectly muddled thinking that characterizes people who become leftists. you sure you're on the right forum?
Apple invented the product and therefore the market. If you had any principles worthy of the name, you wouldn't by anything that resembles or functions like an iPhone -- which they all aim to do.
wouldn’t by >> wouldn’t buy.
I would use smoke signals for communication and read newspapers for entertainment before I ever bought anything made by Samsung again.
Really? If your money is going overseas anyway wouldn't you want the help the Koran economy rather than the Red Chinese market? At least Koran and Japanese companies do major investments in the USA. Not so the Chinese.
Also, there's plenty of boycotts\buycotts among Freepers because of a company's liberal or conservative leanings.
In your mind that makes anyone a liberal??
Using this logic, anyone who buys Apple is a liberal.
You sure you're on the right forum?
” you wouldn't by anything that resembles or functions like an iPhone — which they all aim to do.”
You didn't see the latest iPhone, did you?
They're starting to mimic Android features and calls them new. Apple is popular, which is why they're expensive, but people are catching on to the shortcomings.
http://www.youtube.com/watch?v=NMiY1kSTHZw
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Same here. Two of my favorite/most used apps are ‘Task List’ (long-term reminders) and “Kitchen Timer” (nice, simple little timed reminder for upcoming things).
Same here. Two of my favorite/most used apps are ‘Task List’ (long-term reminders) and “Kitchen Timer” (nice, simple little timed reminder for upcoming things).
There’s really nothing muddled about it. Apple products are generally 20% more expensive than the competition, they prefer a locked down environment that limits the user’s control of the items they purchased, and frankly their UI isn’t really that intuitive. And, BTW, they didn’t invent @#%^, they’re just really good at putting a pretty face on a product somebody else invented. Depending on how you define it smartphones existed for anywhere from 10 to 15 years before the iPhone made em look purty.
After almost ten years I think I'm on the right forum.I don't buy Apple because it was founded by Commies.I avoid Chinese made goods whenever possible because I don't like enriching our Commie enemies if I can help it.I don't buy UAW made cars because it's a Commie union (I've bought Japanese or German since '90).I don't buy Progressive Insurance because its founder and CEO is a major league Commie.
Are you getting my drift?
I have an iPhone and 2 of my 3 sons had iPhones and now all three of them have Samsung......I still love my iPhone and my boys love their Samsung’s.....
what is so great about the Galaxy? Maybe I should replace my HTC.
Any idea/guesses as to when/if Apple will add Swype to their phones?
Issues with my left hand limit function, so I have gotten used to and quite good at using Swype.
I have a Motorola DroidX and it has served me well for about a year, BUT, I really, really want an iPhone.
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