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Samsung anticipates 10M Galaxy S III sales by July

updated 09:43 am EDT, Mon June 25, 2012

Stock tumbles despite strong outlook

As Samsung delays its Galaxy S III launch in North America and other markets, the company has noted that it expects the device to surpass 10 million shipments by the end of July. Chief executive J.K. Shin, speaking at a launch event, claimed the third-generation Galaxy S has been met with "more positive reviews" than its predecessors, helping to fuel better-than-expected demand in most markets.

"We're doing fairly well in emerging-economy markets," Shin said, according to quotes posted by AFP. "I think our second-quarter earnings will be better than the first quarter's, despite the difficult economic situation in Europe."

The company has embraced Android to battle Apple's iPhone, releasing its new flagship Galaxy S III after pushing the platform forward, through a device co-developed by Google, with the Galaxy Nexus. The Galaxy S III sports a larger 4.8-inch display, along with a quad-core Exynos processor in international markets.

Samsung's first-quarter smartphone shipments are said to have reached 44.5 million units, outpacing Apple's 35.1 million iPhone shipments during the same quarter, according to numbers collected by research firm Strategy Analytics. Apple is widely expected to release its sixth-generation iPhone later this year, though it remains unclear if the launch will help the iOS platform regain its lead in the smartphone arena.

The Galaxy S III has been well received in many countries, however the US and Canadian launch timing has been delayed. The US-bound variants feature a dual-core Snapdragon S4 chipset rather than the quad-core Exynos components of the overseas models, trading two processing cores for LTE and HSPA+ compatibility.

The launch delays have caused some analysts to question Samsung's revenue outlook for the second quarter. The company's stock is down more than five percent in early Monday trading, in contrast to a slight decline in the broader technology sector.

by MacNN Staff



  1. Arne_Saknussemm

    Joined: Dec 1969


    The G3 is just out, the Nexus & Note 2 are up...

    Despite the supposedly low stock values,
    sounds like 2012 will be a great year for Samsung that is barely starting;
    yet comparing Samsung's 44.5 M units vs Apple's 33.1 is unfair,
    for Apple has only ONE single HIGH END device compared to Samsung's wide range of phones.

    Nevertheless, seeing how many iPhone users just love the 3.5 screen size,
    and believe a larger device would prove unwieldy for their everyday mode of use,

    I wonder if it would not be a daring, yet interesting for Apple to come up with not one but 2 iPhone 5s.

    One would be similar to the current offering but with the larger screen that seems to be the current trend for multimedia applications,

    The other might be an iPhone Nano.

    With a smaller screen, and overall dimensions, but the same user friendly interface, maybe even a hardware interface like on the older iPod Nano,
    just to take away some of the importance of the screen.

    If Apple did chose to create an iPhone Nano, it sure would spark a new small is beautiful trend among minimalist phone users,
    whilst keeping the "media above everything" users happy.

    The issues stemming from different screen resolutions would have to be dealt with, but this mixed approach would certainly keep current 3.5 iPhoners with the "less is more" mindset just as happy as those that want a bigger screen to enjoy the full multimedia experience.

    I think I'd buy both,
    a smaller phone for outside activities and longer battery time,
    and a larger one for daily use/gaming/reading...

  1. Arne_Saknussemm

    Joined: Dec 1969


    C'mon! anybody wants an iPhone nano?

    your comment

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