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Samsung’s quarterly profits exploded by 76 per cent in the final three-month chunk of 2012, thanks to soaring demand for its smartphones and the many internal bits it supplies to other makers.
Its net profit for the last quarter of 2012 stood at around £4.1bn. Samsung’s own earnings statement claims its stellar growth was “driven by solid sales of Samsung’s Galaxy S IIl and Galaxy Note ll,” with Samsung’s sales data saying it shifted 19 per cent more smartphones than in the same three months of 2011.
However, Samsung warns that a “slew” of new phones in early 2013 may lead to a drop off in the “furious growth spurt” the industry has seen of late.
To unlock more Android news, tips, and features, check out Samsung’s Your Mobile Life over here.
[Samsung]
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Androids…..riiiiiiiiiiiiiiiiise.
Proof, If any where needed, that “Thermonuclear War” is easily surviveable.
Well, the raging leader had died half way..
There’s got to be a “Thermonuclear War”/Downfall parody out there somewhere.
Whenever “Thermonuclear War” is quoted, it always reminds me of WarGames.
I bet when Jobs said it, he had watched the film recently before.
That or his conciousness was linked to a Super Computer similar to WOPR.
More like the MCP in Tron.
Ha! I didn’t think of that. It is indeed more suiting.
Well.. When the other side has a nuclear arsenal similar to that of North Korea, what do you expect?
Patents on prettification do not beat patents on cold hard research and development.
Apple might have lost it.. but Android is definitely not the answer. Also, I see Android is used synonymously with Samsung, which is a shame. Samsung does well, because of what it does, and it has nothing to do with Android.
I would respectfully disagree – Android appears to be answering Apple’s call for competition quite nicely, and Samsung is certainly the dominant force in Android phones, but by no means the only game in town. All I see are parallels to the PC revolution – Apple launched the Mac, Microsoft launched Windows, many manufacturers built Windows PCs with the likes of Dell and HP dominant, but by no means the only PC makers. Windows did not become synonymous with Dell or HP, it was a product in it’s own right (albeit not free like Android). Natural evolution of product?
I would disrespectfully disagree. Bollocks.
I would say it is (as would 76% of the mobile phone market)
if it was only just samsung how come there windows phones sell so badly? android has given them the freedom to differentiate themselves by their products i remember the reaction on some tech sites to the Note being announced saying it would but todays its a success.Had windows phone been the in androids position of dominance samsung would not have anywhere near as much success as they are now
Android is by far the biggest smartphone platform by installed base. At the end of Q3 there were 559 million Android powered smartphones in use, plus several dozen million more in tablets (approx. 600 million Android devices of any kind, in use). That is nearly twice what Apple has in the iOS ecosystem of iPhones, iPads and iPod Touch devices. It is about three times more than Nokia’s shrinking Symbian ecosystem and five times bigger than RIM’s Blackberry ecosystem of its smartphones and tablets.
A lot of people might disagree with your statement.
Excuse me Sharky, small correction. The figures you give for smartphones and tablets are only for those that have the Google Play Store App installed, since this is how Google measure the metrics. Not all Android phones/tablets are Google Approved and so don’t have Google’s Apps, but are still running Android. Most of the Android Phones in China fit this description and China is not a small country. Thus the figures are way higher.
Good point – which makes the domination even higher
Disagree
Samsung make quality products and so are doing well, it’s not rocket science. Also, they are not overly crazy with the lock down, ultimate control tactics that Apple so love. Do not underestimate the power of (relative) freedom.
Samsung have Apple to thank for these profits. Not because Apple ‘invented’ the consumer smartphone, but because Apple created a world where it’s acceptable to pay £500 for a goddamn phone. These people are getting fat off the huge margins.
Vive la revolution!
I couldn’t agree more. Finally I find someone who also think that Apple’s “creativity” is more about marketing then technology.
Apple should be a case study in how to market a premium product to a mass-market audience. They’ve got it down to a fine art.