Samsung's Q2 profits beat record, miss expectations

05 July, 2013
Samsung's Q2 profits are expected to reach the record $8.33 billion, according to financial estimates.

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  • ?
  • Anonymous
  • ajU
  • 05 Jul 2013

Kavallerie, 05 Jul 2013What people have to realize is that Samsung's profits this ... moreFurthermore, it's normal that the growth in Samsungs's profits is slowing down somewhat. The market is becoming saturated. Record-breaking growths have to end some day. Now it's Samsung that misses expectations. Now we wait for Apple to do the same.

    • ?
    • Anonymous
    • jxr
    • 05 Jul 2013

    Anonymous, 05 Jul 2013My advice, read more than one source for news, or learn to ... moreHoly crap! Someone who actually reads the news and understands the meaning of spin! Please post here more often. This site is in sore need of more people with a broad perspective.

      • ?
      • Anonymous
      • RN5
      • 05 Jul 2013

      Kavallerie, 05 Jul 2013What people have to realize is that Samsung's profits this ... moreThe definition of delusion.

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        • Anonymous
        • RN5
        • 05 Jul 2013

        My advice, read more than one source for news, or learn to read between the lines and get the key facts. Too much spin these days, and we don't know who is independent and who is sponsored anymore.

          • ?
          • Anonymous
          • RN5
          • 05 Jul 2013

          From AsiaOne:

          "SEOUL - Samsung Electronics Co Ltd missed already modest expectations for its quarterly earnings guidance on Friday, deepening worries that its smartphone business may have peaked, as growth in sales of its blockbuster Galaxy phones begins to wane and new rivals emerge to eat away at its market share."

            • ?
            • Anonymous
            • RN5
            • 05 Jul 2013

            From BBC:

            ""The slowdown in its handset business appears to be worse than expected and the disappointing result simply reinforces the market view that Samsung's smartphone growth momentum is slowing," said Lee Sei-chul, an analyst at Seoul-based Meritz Securities."

              • ?
              • Anonymous
              • RN5
              • 05 Jul 2013

              From Channel News Asia:

              "Samsung Electronics Co., the world's largest technology firm by revenue, on Friday fuelled concerns about flagging demand for high-end smartphones with a WEAKER-than-expected earnings forecast for the second quarter."

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                • Anonymous
                • TRJ
                • 05 Jul 2013

                LOL @ fanboys selective reading , ignoring the "miss expectation" words

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                  • AnonD-145568
                  • t7X
                  • 05 Jul 2013

                  I expected this. Samsung Phones are really innovative and getting much innovative. While the Unknown HTC and Sinking Crapple Keeps on dreaming to have the Samsung figures of Samsung's profit. I understand that iSheeps and Samsung Haters will keep on bashing Samsung because of it's unending Success recently.

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                    • AnonD-145568
                    • t7X
                    • 05 Jul 2013

                    As expected. Samsung Dominates the Smart phone Race this Quarter. On the 3rd quarter of this year, Sammy's Profit will increase as Samsung Galaxy S4 is becoming Popular and Common Smart phone. Keep up the Great Job Samsung, your Technologies are Great and Cool. Loving my Samsung GS4!

                      • K
                      • Kavallerie
                      • Xrm
                      • 05 Jul 2013

                      What people have to realize is that Samsung's profits this quarter beat their previous record... that alone means that things are going well.

                      The Galaxy S4 is becoming a very common smartphone and I think Q3 and Q4 will see the Galaxy S4 sales skyrocket because more people will be getting of contract. And the iPhone 5S will not impress as always (pretty much the same technology as the Galaxy S4 but with a smaller screen, and less screen resolution).

                      Then you have the anti-Samsung fanboys who like to troll forums and sites like this. Samsung is the most reliable smartphone manufacturer, period. See what Apple did with iOS 6? iPhone users were forced to download Google maps and navigation software because Apple maps was buggy with glitches and bugs everywhere. And a 4 inch screen in 2013? Come on... only true Apple fanboys would buy the iPhone 5.

                      And HTC just got roflstomped once again with their Q2 results. A decrease in net profit, revenue and sales. This is not the same situation that Samsung is in. Samsung actually increased in net profit, revenue and sales.

                      The difference between Samsung and HTC?

                      Samsung = a huge company with diversification and can afford marketing

                      HTC = relatively tiny company with no diversification and can not afford marketing

                      So most people know what a Samsung Galaxy is, however not as many people know what a HTC is.

                      The difference between Samsung and Apple?

                      Samsung = manufacturer of both hardware and smartphones

                      Apple = designer of smartphones (manufacturing done by Chinese company FoxConn).

                      It is certain that Samsung will overtake Apple in profits. They already exceed them in revenue and sales. Apple just makes more money because the average American is an iSheep.

                        • ?
                        • Anonymous
                        • Im4
                        • 05 Jul 2013

                        Striker, 05 Jul 2013This profit is with or without the $1 billion(and more) fin... moreI don't know where you have been, but apparently not on this planet, the fine was reduced to 600 million, by the same judge who presided the case "which means the jury was full of Apple lovers", and there will be a retrial, so as of today, Apple has not seen one red cent, and will not for a very very long time, if they ever will.

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                          • AnonD-136521
                          • 39x
                          • 05 Jul 2013

                          Sales figures htc can only dream of...

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                            • Nic
                            • ttv
                            • 05 Jul 2013

                            It is because of innovations of new technologies and resonable prices with variety of phones.congratulations on your success!

                              • ?
                              • Anonymous
                              • sST
                              • 05 Jul 2013

                              Anonymous, 05 Jul 2013How it will come profit. Exmple note2 is 37990 do. They r g... moreDude..work on ur english first.U can do the trashtalk later. :P

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                                • AnonD-134497
                                • bJ9
                                • 05 Jul 2013

                                Anonymous, 05 Jul 2013read my other post from below, because you obviously dont u... moreYou completely misunderstood my point of post. I said "Is reporting" and then wrote marketing strategy. Didn't even it show a relevancy to what you are saying.
                                So your point?

                                  • ?
                                  • Anonymous
                                  • th3
                                  • 05 Jul 2013

                                  AnonD-134497, 05 Jul 2013Who ever posted Samsung will stay forever needs to quit dre... moreread my other post from below, because you obviously dont understand the BBC news about samsung.

                                  Those were the analysts views, go google the meaning of 'analysts' before you can talk.

                                    • ?
                                    • Anonymous
                                    • th3
                                    • 05 Jul 2013

                                    AnonD-162084, 05 Jul 2013And bbc says that it paints gloomy picture for Samsung's fu... moreheres what you should 'not' believe in, the 'analysts'. They expected samsung to earn more profit this year but samsung earnt less then what they expected, but all what analysts do is guess the future.

                                    The fact is, samsung earned more profit in 2013 compared to 2012, but the analyst was expecting samsung to do better. But a profit is a profit, look at HTC Q2 profit in 2013, they earnt less than in 2012 which is sad cause everyone was saying the HTC ONE was going to be the companies saviour.

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                                      • AnonD-134497
                                      • bJ9
                                      • 05 Jul 2013

                                      Who ever posted Samsung will stay forever needs to quit dreaming. Everything which has a rise, deserves/will get a fall sooner or later.

                                      Some years ago, Nokia was same as Samsung. Their marketing figures were hyped too much that time, same is going on here. Sooner or later, Samsung WILL have to face recession. It's natural mechanism. Deny as much as you want but it will happen :)

                                      Anyways, why BBC is reporting Samsung's future as not bright? If that's true than this analyst must be just a part of a marketing strategy like the 32/64GB versions of S4 which never had seen till the release proved it was just for brainwashed fanboys and a smart marketing strategy. I seriously laugh on how much Samsung fans are brainwashed.

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                                        • Anonymous
                                        • Scq
                                        • 05 Jul 2013

                                        Anonymous, 05 Jul 2013so samsung is going down even though they earned more profi... moreSamsung stocks are heavily down, know why? because MOBILE devices didnt beat the estimates.

                                        Read again MOBILE i didnt say anything about samsung overall.