Arab Today, arab today samsung estimates q1 operating profit of 77bn
Last Updated : GMT 11:39:24
Arab Today, arab today
Arab Today, arab today

Samsung estimates Q1 operating profit of $7.7bn

Arab Today, arab today

Arab Today, arab today Samsung estimates Q1 operating profit of $7.7bn

Seoul - AFP

South Korea\'s Samsung Electronics said on Friday it expected a sharp increase in first-quarter operating profit to 8.7 trillion won ($7.7 billion), up 52.9 percent from the first three months of 2012. Samsung, the world\'s largest technology firm by revenue, was giving earnings guidance before official results are made available later this month. The January-March operating estimate comes after a record quarterly operating profit of 8.8 trillion in the fourth quarter of last year. Samsung profits soared in 2012, largely on the back of sales in the lucrative smartphone market. Sales in the first quarter of 2013 were expected to reach 52 trillion won, up 14.9 percent from a year earlier, but down 7.2 percent from the previous quarter. While Samsung overtook Nokia as the world\'s largest mobile-phone maker and Apple in smartphones last year, Apple was twice as profitable as Samsung in terms of gross profit margin, analysts say. Mobile devices generate the bulk of profits at both companies. Analysts say an increased presence in the high-end market will be crucial for Samsung in maintaining margins for its mobile business amid stiff competition. \"Samsung still lags behind Apple in the high-end market,\" which is where the money is, Lee Sun-Tae, a Seoul-based analyst with NH Investment and Securities told Dow Jones Newswires. Samsung Electronics is estimated to have sold 25 million smartphones each month this year, which puts its quarterly sales at over 70 million units, according to Hong Kong-based market researcher Counterpoint Research. The South Korean firm continued to dominate the global smartphone market in terms of market share, with its stake in the first two months of the year standing at 35 percent, compared with 32 percent in the fourth quarter of 2012, Counterpoint said. Samsung unveiled the fourth series of its Galaxy smartphone line-up at a New York launch event in March and is set to roll out the device starting this month. The Android-based handset comes with a 5-inch (12.7-centimetre) screen, a faster chip and is thinner and lighter than the previous Galaxy S III model.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung estimates q1 operating profit of 77bn Arab Today, arab today samsung estimates q1 operating profit of 77bn

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung estimates q1 operating profit of 77bn Arab Today, arab today samsung estimates q1 operating profit of 77bn

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday