Last night, Samsung announced that they will have a healthy profit in the last fiscal quarter thanks to the recently launched Samsung Galaxy S III terminal. They estimate that they will deliver to its own partners no less than 19 million Samsung Galaxy S IIIs, but of course no one knows how many of those devices will actually be sold. Upon hearing this news, some journalists close to Samsung have already announced that the Samsung Galaxy S III is selling well, of course ignoring the fact that Samsung rarely announces how much it sells, but only throws some figures on the market without supporting them with evidence regarding exact sales .
"Revenue is below our forecast, which suggests price pressure was more severe than had been expected in products such as televisions and home appliances," said Nho Geun-chang, analyst at HMC Investment Securities in Seoul. "Earnings will be stronger in the current quarter as sales of the high-end Galaxy S III will increase dramatically and drive the telecom division's earnings to above 5 trillion won," he said, predicting shipments of the S III would hit 19 million this quarter.
The 19 million Galaxy S IIIs PROVIDED by Samsung could represent effective sales of 1-19 million units, only Samsung knowing exactly what its partners are selling. In conclusion, the announcements made these days regarding the "sales" of Galaxy S III terminals represent only a very nice attempt by some to bring their body closer to the bottom of those from Samsung.
