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Samsung (SSNLF.PK) is currently aiming to sell 510M mobile phones next year, up from a 2012...

Samsung (SSNLF.PK) is currently aiming to sell 510M mobile phones next year, up from a 2012 tally of ~420M. A whopping 390M of the 2013 sales are expected to involve smartphones, with the company predicting demand for 4G connections will boost sales. Gartner is forecasting global smartphone sales will rise another 33% next year; they rose 47% Y/Y in Q3, a quarter in which Samsung was estimated by Strategy Analytics to have sold 56.9M smartphones.
Comments (2)
  • mogando
    , contributor
    Comments (313) | Send Message
     
    funny how Samsung flips through so many phones every quarter and barely makes half the profit that AAPL's iPhone division does.
    24 Dec 2012, 10:47 AM Reply Like
  • Uncle Pie
    , contributor
    Comments (2808) | Send Message
     
    US citizens are not allowed to buy the ADRs of Samsung, unfortunately. If anyone knows a way around this (apart from buying some fund) please advise.
    24 Dec 2012, 11:12 AM Reply Like
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