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in Seoul after its Q2
operating profit projection
of 9.5T won ($8.3B) misses consensus of 10.16T won. The company
of 56-58T won, up from 47.60T won a year earlier but below analyst forecasts of 58.6T. In addition to the earnings miss, analysts are concerned about slowing handset sales and falling margins due to intense competition at the lower-end of the market. Still, Samsung has lots of businesses, and prices of memory chips are expected to remain strong.
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There´s a lot to read about trends in the consumer electronics industry. My conclusion, and personal option, is that smart TVs will progressively do the entire job at home, including whatever is today covered by PCs, stereos, DVDs, set-tops etc. Smart phones will just continue taking hold of every need on the streets. That said, if Apple wants to keep its presence in the market, and reach those who hate iTunes (80% of human kind), it should change what is now known as an "Apple TV".
Samsung is, in this moment, the clear leader in both sides.
Jul 8, 2013. 10:16 AM
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The Fall Of Telefonica And The Rise Of America Movil
Carlos Slim companies have almost all that is needed, to take hold of the winner's position in Latin America's communications business: an immense superiority of technical, financial and managerial resources. However, they miss one very specific requirement.They don't have local partners in the countries he operates. The mexican tycoon is a stranger everywhere - and in some places, like in Colombia, adverse attitudes to Slim companies start to show. That's not the case with his local or European competitors, that praise being publicly owned enterprises, with thousands of shareholders in the Countries they operate.
Jan 23, 2013. 06:03 AM
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