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Samsung Profit 8.3 Billion U.S. Dollars - Selling Mobile 500 per minute

Galaxy S III

According to market research agency Strategy Analytics, Galaxy S III also became the best-selling smart phone in the world in the 3rd quarter of 2012, which shipped 18 million units Samung Galaxy s III to worldwide in fiscal 2013.

Profit to be in handful by Samsung in the 4th quarter of 2012 is expected to reach 8.3 billion U.S. dollars. The amount is based on the achievement that Samsung managed to sell almost 500 mobile phones per minute and a high demand for the phone.



This achievement marks five consecutive periods of record. Growth of Samsung, but the shipment Galaxy S III in the 3rd quarter of 2012 in the prediction dropped to 15 million units

Keep in mind, while the number was then predicted as preached by Reuters, the South Korean-based company is expected to release an official noted that financial reports 4th quarter of 2012. Samsung's profit is predicted to be higher than Apple's net income in the fourth quarter of 2012 amounted to 8.2 billion U.S. dollars

Analysts song Myungsub of HI investment & securities argues, Galaxy S III is sold on the market can increase 4th quarter earnings samsung. "Meanwhile, sales of iphone 5 is not as high as Apple's expectations" said Myung-sub. Thus he must also predicts Samsung will decline in the first quarter of 2013 due to the declining market demand after the holiday season. "Samsung's profit will go down in the 1st quarter of 2013 due to the declining phone sales profits anyway."

Key corporate profits growing again is to release a flagship smart phone around march or april. Samsung will launch its latest flagship phone faster than predicted apple and still leads the global smart phone market

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