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Samsung profits surge 79% boosted by smartphone sales

bbc.co.uk

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Re: Samsung profits surge 79% boosted by smartphone sales

#3
post #2

Bloomberg's headline for the same announcement: "Samsung Shares Fall After Quarterly Sales Miss Estimates"

Actual announcement: "Samsung Electronics has said that it expects its profits to surge 79% in the second quarter as sales of its smartphones continue to grow."

Re: Samsung profits surge 79% boosted by smartphone sales

#5
post #2

Bloomberg's headline for the same announcement: "Samsung Shares Fall After Quarterly Sales Miss Estimates"

Here is a link to that story: http://www.sfgate.com/business/bloomberg/article/Samsung-Sha...

That's a tough spin on positive news. Just because the analysts blew their estimates doesn't mean Samsung had a bad quarter. Here is the key quote:

"Sales of 47 trillion won ($41 billion) trailed the 49.8 trillion-won average of 35 analysts’ estimates compiled by Bloomberg, overshadowing operating profit that rose to a record."

Re: Samsung profits surge 79% boosted by smartphone sales

#7

My favourite part is the image of the model showing the samsung with an interface that closely resembles iOS. http://i.imgur.com/nsqFl.jpg

Even though a late entrant, by hook or crook Sammy has become top seller of smart phones along with Apple. It is almost pushing Nokia,RIM and others out of market. This is definitely appreciable.

Re: Samsung profits surge 79% boosted by smartphone sales

#8

My favourite part is the image of the model showing the samsung with an interface that closely resembles iOS. http://i.imgur.com/nsqFl.jpg

...icons on a grid resemble iOS, sure, and about a million other UIs.

It's about two subtle design cue's: swipable page with 4*4 icons - spacing - 4 fixed icons. Call icon with white on similar hue of green in bottom left.

Re: Samsung profits surge 79% boosted by smartphone sales

#9
post #2

Bloomberg's headline for the same announcement: "Samsung Shares Fall After Quarterly Sales Miss Estimates"

Here is a link to that story: http://www.sfgate.com/business/bloomberg/article/Samsung-Sha... That's a tough spin on positive news. Just because the analysts blew their estimates doesn't mean Samsung had a bad quarter. Here is the key quote: "Sales of 47 trillion won ($41 billion) trailed the 49.8 trillion-won average of 35 analysts’ estimates compiled by Bloomberg, overshadowing operating profit that rose to a recor…

> the analysts blew their estimates

Samsung is supposed to give the analysts "guidance" to let them make good estimates. So it's a little bit Samsung's fault.

Re: Samsung profits surge 79% boosted by smartphone sales

#10
post #7

My favourite part is the image of the model showing the samsung with an interface that closely resembles iOS. http://i.imgur.com/nsqFl.jpg

Even though a late entrant, by hook or crook Sammy has become top seller of smart phones along with Apple. It is almost pushing Nokia,RIM and others out of market. This is definitely appreciable.

I don't think it is appreciable, since Samsung is one of the biggest copycat companies ever. I was shopping for a washing machine recently, and it struck me how blatantly Samsung copies features from Miele. You can say what you want about Nokia and RIM, but they certainly have been innovative in the past. Samsung, not at all.
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