The
numbers for Samsung's first quarter of 2012 are in and as
it expected they
are up sharply over the same period from 2011. After predicting
profits of 5.8 trillion won it managed to top that, notching an
operating profit of 5.85 trillion won ($5.16 billion US) for the
quarter, a 98 percent gain over a year ago. Phones accounted for 73
percent of the profit, contributing 4.27 trillion won to the bottom
line. As the world awaits the debut of what
we assume will be the Samsung Galaxy S III May 3rd powered
by itsExynos
4 Quad CPU,
there's clearly no shortage of demand for the Galaxy S II and Note.
Sales of chips and TVs decreased from last quarter, but like its
competitor LG,
growing sales of high res tablet panels (we wonder which one
that might
be),
3DTVs and OLEDs increased profitability. Specifically, the high end
7000/8000 series of HDTVs increased sales by 50 percent from last
year, while the company plans to focus on "region-specific"
LED models for emerging markets, and high end (and high
priced)
flat-panels for developed markets.
We're
listening in to the earnings call at the moment, and we'll let you
know if there's any other details that come out of what is mostly
boring numbers talk. So far it's all pretty businessy, although in
response to a question executives did confirm that they expect the
Galaxy S III and Galaxy Note to occupy different segments in terms of
size. So there you have it -- the Galaxy S III will
(shockingly) not have
a 5.3-inch screen. Also, it predictably is trying to continue the
trend of global launches, although that hardly puts to rest the issue
of how long we may end up waiting for carrier-specific versions here
in the US. Check out the rest of Samsung's details in a press release
and a few slides from the report embedded after the break.
No comments:
Post a Comment