Samsung: Galaxy S4 disappointing sales
Despite record earnings anticipated for the second quarter totaling 49 billion dollars in sales, up 20% on one year, and a profit of 8,3 billion dollars, Samsung Galaxy S4 disappoints analysts expected more.
Samsung expects the results for the second quarter and announced a record turnover reached 49 billion dollars, up 20% on one year. this must be added a net profit of 8,3 billion dollars, which has meanwhile soared 47% from a year to another. In the previous quarter, Samsung had a net profit of 6,4 billion dollars.
Sales of Samsung Galaxy S4
The results are excellent at first glance. But analysts always ask for more, anticipating a slowdown coming in smartphone sales. They expected 8,9 billion dollars in profits, a figure that is enough for them to confirm a slowdown in the mobile business. "Is that the story of Samsung in smartphones is almost over ? Not yet. But grow slowly, partly because of halftone sales of the Galaxy S4, "said an analyst at Dongbu Asset Management.
The action dropped yesterday by 4,43% to 555,75 $. More importantly, she has lost 17% since last June, according to Reuters, which reports the fears of analysts and shareholders too much concentration on the activity of Samsung mobile, which could represent up to 70% of total revenues. "The key is diversification," the analyst Jeff Kim of Hyundai Securities. "Samsung is a transition of its business until the end of 2014."
Samsung expects the results for the second quarter and announced a record turnover reached 49 billion dollars, up 20% on one year. this must be added a net profit of 8,3 billion dollars, which has meanwhile soared 47% from a year to another. In the previous quarter, Samsung had a net profit of 6,4 billion dollars.
Sales of Samsung Galaxy S4
The results are excellent at first glance. But analysts always ask for more, anticipating a slowdown coming in smartphone sales. They expected 8,9 billion dollars in profits, a figure that is enough for them to confirm a slowdown in the mobile business. "Is that the story of Samsung in smartphones is almost over ? Not yet. But grow slowly, partly because of halftone sales of the Galaxy S4, "said an analyst at Dongbu Asset Management.
The action dropped yesterday by 4,43% to 555,75 $. More importantly, she has lost 17% since last June, according to Reuters, which reports the fears of analysts and shareholders too much concentration on the activity of Samsung mobile, which could represent up to 70% of total revenues. "The key is diversification," the analyst Jeff Kim of Hyundai Securities. "Samsung is a transition of its business until the end of 2014."
Samsung: Galaxy S4 disappointing sales
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