News & Analysis
Comment
selinz
Google jacked them by announcing that the Galaxy tablets could not be upgraded ...
KB3001
Things could only get worse with Apple's decision to drop Samsung from their A5 ...
Samsung: Sales, profits down
Mark Lapedus
4/7/2011 11:30 AM EDT
SAN JOSE, Calif. - South Korea's Samsung Electronics Co. Ltd. has disclosed its first-quarter consolidated earnings estimates.
Sales are expected to range from 36 trillion won ($33.1 billion) to 38 trillion won ($34.9 billion) in the period, compared to 41.87 trillion won ($38.4 billion) in the previous quarter and 34.64 trillion won a year ago.
Operating profit is expected to range from 2.7 trillion won ($2.5 billion) to 3.1 trillion won ($2.8 billion) in the period, compared to 3.01 trillion won ($2.8 billion) in the previous quarter, and 4.41 trillion won a year ago.
According to a report, Samsung's memory business was strong, but LCDs and tablets were weak.
Sales are expected to range from 36 trillion won ($33.1 billion) to 38 trillion won ($34.9 billion) in the period, compared to 41.87 trillion won ($38.4 billion) in the previous quarter and 34.64 trillion won a year ago.
Operating profit is expected to range from 2.7 trillion won ($2.5 billion) to 3.1 trillion won ($2.8 billion) in the period, compared to 3.01 trillion won ($2.8 billion) in the previous quarter, and 4.41 trillion won a year ago.
According to a report, Samsung's memory business was strong, but LCDs and tablets were weak.
|
|
|
|
|
Navigate to related information
fdunn
4/7/2011 6:31 PM EDT
#1. They have given Apple such huge breaks to get their business that their magins on those contracts suffer almost to bleeding.
#2. Samsung HAD a very good reputation in the home entertainment (flat panel TV) that they were able to sell their product at a premium, but other brands have caught up and even surpassed Samsungs product line and are either priced the same with better specs or are less expensive.
Sign in to Reply
KB3001
4/7/2011 7:12 PM EDT
Things could only get worse with Apple's decision to drop Samsung from their A5 processor fabrication.
Sign in to Reply
selinz
4/8/2011 8:22 PM EDT
Google jacked them by announcing that the Galaxy tablets could not be upgraded to Honeycomb. Perhaps because of the Apple business?!
Sign in to Reply