“Samsung Electronics, the world’s biggest mobile phone and TV maker, has forecast record profits for the July-to-September quarter. It expects operating profit of 10.1 trillion won ($9.4bn; £5.8bn) for the quarter, a 25% jump from a year ago,” BBC News reports. “The profit guidance beats many analyst forecasts.”
“The success of its Galaxy range of smartphones has seen Samsung become the leading player in the global mobile phone market,” The Beeb reports. “Analysts say the company’s policy of catering to the low and high-end segments of the market has proved particularly effective.”
The Beeb reports, “Samsung has launched top-end products such as the Galaxy S4 in a bid to take on the likes of Apple’s iPhone. It has also introduced low-cost smartphones targeted at customers in emerging markets such as India and China… The firm also launched a smartwatch, the Galaxy Gear, last month – beating Microsoft, Apple and Google in the race to bring this type of technology to market.”
Read more in the full article here.
MacDailyNews Take: Crime pays. Temporarily.
[Thanks to MacDailyNews Reader “Kewo” for the heads up.]
Related articles:
comScore: Apple iPhone grows U.S. smartphone market share lead as Android decline continues – October 4, 2013
iPhone dominates Android in smartphone loyalty – August 23, 2013
Android usage in the U.S. declines for the first time – August 8, 2013
Yankee Group: iPhone ownership in the U.S. will top Android by 2015 – April 26, 2013
Yankee Group: Apple continues to eat Samsung’s lunch; customer loyalty will drive iPhone ownership past Android’s peak – April 26, 2013
Apple’s iPhone user gains again out-pace Android in the U.S. – April 5, 2013
Why Apple’s new iPhone can’t lose; as with all iPhones, next-gen likely to become best-selling smartphone of all time – April 4, 2013
Apple increases lead over Samsung, gains on Google’s Android in U.S. smartphone market share – April 4, 2013
Analyst: Apple iPhone 5 got over 5X times as many tweets as Samsung’s lackluster Galaxy S4 – March 27, 2013
Yankee Group: Apple to gain additional U.S. smartphone share over Samsung in 2013 – March 20, 2013
With 78% share, Apple’s iOS tightening its grip on the enterprise and taking share from Android – March 8, 2013
Apple rules the skies with 84% in-flight share vs. Android’s 16% – March 7, 2013
Apple iPad continues domination with over 80% usage share in U.S. and Canada – March 7, 2013
comScore: Google’s Android, Samsung continue to lose U.S. share to Apple’s iOS, iPhone – March 6, 2013
World’s best-selling smartphone: Apple iPhone 5; iPhone 4S #2, third place Samsung Galaxy 3 brings up rear – February 20, 2013
Apple iOS dominates mobile video viewing with 60% share vs. Android’s 32% – February 13, 2013
Android’s Web share down 13% since November; Apple’s iOS now over 60% – February 1, 2013
Android’s unit share growth has not hurt Apple’s profit share – February 26, 2013
Apple iOS dominates mobile video viewing with 60% share vs. Android’s 32% – February 13, 2013
Android’s Web share down 13% since November; Apple’s iOS now over 60% – February 1, 2013
IDC: Apple dominates worldwide tablet market with 43.6% unit share – January 31, 2013
The Android engagement paradox – November 26, 2012
People buy more Android phone units and do less with them vs. Apple’s revolutionary iPhone – November 14, 2012
Study: iPhone users vastly outspent Android users on apps, respond much better to ads – August 20, 2012
Apple utterly dominates mobile device market with 6% market share – and 77% of the profits – August 6, 2012