The Register® — Biting the hand that feeds IT

Feeds

Samsung: The cash blizzard continues, but may not last forever

It's raining soup, but is the S4 a mug or a fork?

Email delivery: 4 steps to get more email to the inbox

Samsung reported another record quarterly profit today, up nearly 50 per cent from the same time last year, but warned that its heady growth in smartphones could be slowing up.

The mighty Korean electronics firm saw net profit hit 7.77 trillion won ($7bn), as expected, but profits at its mobile division dipped by 3.5 per cent from the previous quarter despite the fact that it launched its latest flagship mobe, the Galaxy S4, in April.

"As we go into a typically strong season for the IT industry, we expect earnings to continue to increase," Samsung said in its statement.

"However, we cannot overlook delayed economic recovery in Europe and risks from increased competition for smartphones and other set products."

Even so, Samsung said it was still looking forward to better earnings in the second half of the year as prices for the memory chips used in computers and mobile devices rebound.

Analysts have been worried for a while that the S4 isn't taking off in the same way that previous Sammy phones have done and that the company could be hitting the same sort of been-there-done-that plateau that Apple seems to be stuck on.

Research firm Strategy Analytics said recently that Samsung was hanging onto 33 per cent of the smartphone market while Apple had just 13.6 per cent and that global smartphone shipments were up 47 per cent year on year in the second quarter.

But beancounters at IDC have said that although the top mobe-makers had a significant portion of the market, upstarts like LG and Lenovo were increasing their share.

"The smartphone market is still a rising tide that's lifting many ships," said senior analyst Kevin Restivo. "Though Samsung and Apple are the dominant players, the market is as fragmented as ever. There is ample opportunity for smartphone vendors with differentiated offerings." ®

Supercharge your infrastructure

Whitepapers

Microsoft’s Cloud OS
System Center Virtual Machine manager and how this product allows the level of virtualization abstraction to move from individual physical computers and clusters to unifying the whole Data Centre as an abstraction layer.
5 ways to prepare your advertising infrastructure for disaster
Being prepared allows your brand to greatly improve your advertising infrastructure performance and reliability that, in the end, will boost confidence in your brand.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Avere FXT with FlashMove and FlashMirror
This ESG Lab validation report documents hands-on testing of the Avere FXT Series Edge Filer with the AOS 3.0 operating environment.
Email delivery: Hate phishing emails? You'll love DMARC
DMARC has been created as a standard to help properly authenticate your sends and monitor and report phishers that are trying to send from your name..

More from The Register

next story
Would you hire a hacker to run your security? 'Yes' say Brit IT bosses
We don't have enough securo bods in the industry either, reckon gloomy BOFHs
Elop's enlarged package claim was a cock-up, admits Nokia chairman
'Twas an 'accident' to say whopping £15.6m payoff was unremarkable
Oracle's Ellison talks up 'ungodly speeds' of in-memory database. SAP: *Cough* Hana
Plus new, RAM-heavy hardware promises 100x performance improvement
BlackBerry Black Friday: $1bn loss as warehouses bulge with hated Z10s
Biz plan in full: (1) Keep pumping out phones NO ONE WANTS (2) ??? (3) Er, no profit
OUCH: Google preps ad goo injection for Android mobile Gmail app
Don't worry, fandroids, wallet-plumping serum won't hurt a bit
Global execs name Apple 'most innovative company' – again
Google bumped down to number three by Apple arch-rival Samsung
prev story