Showing posts with label Q1 2013 earnings. Show all posts
Showing posts with label Q1 2013 earnings. Show all posts

Friday, 26 April 2013

More rugged Galaxy S4 details are discussed as Samsung extend warranties in Africa and they announce their Q1 earnings!


   This is a bit of a mish-mash this post because there's been a fair bit of news about Samsung and their devices today, but it's all about various different things and there's not really an obvious way to clump it all together!

   The best place to start is with a little update to the news we brought you yesterday that Samsung are rumoured to be working on a 'rugged' Galaxy S4. Well the Wall Street Journal have waded in with their opinion of the phone today and they have said that the rugged version of the phone is being tentatively labelled as the Glaxy S4 Active at the moment. According to their sources the device is looking good for a July release, but the WSJ didn't offer any details about possible carriers or countries of availability. 

   The WSJ also mention that there are a few more devices coming to the Galaxy line-up soon too! The paper explicitly mentioned a new 8" tablet is on the horizon, something which will be an intermediate device to the 7 and 10.1" tablets which will also be on offer. They also said that there is a Galaxy S4 Mini in the works and that will land in July with a 4.3" display! 

   The second part of today's news is that Samsung have announced some extended warranties for some African countries which we would love to see offered in our neck of the woods! Samsung have announced a new accidental damage warranty which gives you two free accidental repairs on anything! The offer is available in South Africa, Nigeria, Kenya, Ghana, Senegal, Sudan, Tanzania, Ethiopia, Namibia, Zambia, Mauritius, Uganda, Cote d’Ivorie, Angola, Botswana, and Mozambique. The deal is easy to take advantage of, all you need to do is make sure you register your Samsung device as soon as you buy it! Obviously after your two free accidental repairs you'll have to cough up the money to fix the phones yourself and there's a chance this warranty will be offered on a larger amount of Samsung's portfolio in the future!

   And finally, Samsung have announced their Q1 earnings results and it's looking pretty rosy overall for the Korean giants, but there's a little bit of a slow down. For example Sammy reported an nice big net profit increase of $6.4 billion, but that came with more of a slow down in growth, which is in part because of their competition on the mid and low-end phone markets. Let's not be under any illusions though, this is still a 42% growth year on year, if we compare it to the sales from Q1 2012.

    As you would probably have expected Samsung is building this growth from sales of their smartphones, with the only real competition coming from Apple at the moment. Samsung weren't prepared to offer up any exact numbers today, but people guess that Samsung shipped somewhere near 70 million devices in Q1 something which helped the company to a new high in earnings. They earnt 7.15 trillion won, which was up from 7.04 trillion Q4 2012! 
   Again the key area for Samsung was phones where they generated nearly three quarters of their profit from! The only bit of bad news for the company is possibly that they're struggling to get Galaxy S4's out of the factories at the moment, well at a rate which meets demand anyway, with . We expect Samsung to meet demand soon enough, but their fortunates are pinned heavily on the success of their mobile phones!
various carriers having delays on shipping times

Thursday, 18 April 2013

Nokia's Q1 result are in: It's a bit better but there's still a long way to go!

   Nokia might still be in their huge fall from grace, but that doesn't mean things don't keep ticking over inside the Finnish giant. Their Lumia Windows Phones seem to be grabbing a bit more attention with every device release, but how are the sales looking?

   Well the latest quarterly earnings call shows improvement in Lumia sales once again! In the last quarter of 2012 they managed to ship 4.4 million devices and sales grew again last quarter, up 1.2 million to a grand total of 5.6 million! Of those devices Nokia claims that only one third of them are running versions of Windows Phone 7, the remain two-thirds were powered by Windows Phone 8. If we compare this to the Q1 2012 then sales of Lumia devices are more than 100% up from the 2 million which they had shipped! When everything is added together Nokia has now sold 19.9 million Lumia devices since their inception in November of 2011. That is by no means exception, but it's a good start! 

   If we break things down into regions slightly more, then things are looking better basically everywhere except for America. In the Greater China region revenues are up, something which has been attributed to the sales of the more expensive Lumia devices in the area, despite the company actually selling less devices as Symbian continues it's free-fall, as you can see in the chart below which suggests Nokia needs to get those cheaper Windows Phones selling in order to make up for the loss of Symbian sales! Symbian sales took a big hit as you can see in the tweet from Benedict Evans embedded below!



   Unfortunately for Nokia North American is proving difficult to crack still, with device sales sliding back down to a total of 400,000, making that 33% less than sales at the same time last year and this is notably less than the sales over the holiday season which gave a Q4 2012 sales total of 700,000 in the region.

   Sales are all well and good, but what really matters is the overall profit or loss. You might remember that in Q4 2012 Nokia managed to turn a small profit, but the Finns were back in the red this quarter, posting a loss of €150 million (which is around about $196 million or £128 million) on €5.85 billion ($7.65 billion or £5 billion) worth of revenue. Interesting the company regarded this as a relatively good result as their restructuring efforts have managed to bring the losses right down compared to the mammoth hit their bank account took in Q1 2012 of €1.34 billion!

   If you're interested in full details of how Nokia did then check out their full results PDF here!
   
Via TheVerge (1), (2)


Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More