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back to article Samsung forgets Galaxy worries, surprises analysts with big numbers

Despite the Galaxy 6 and its kin – Plus, Edge, Edge Plus – tanking, Samsung Electronics has posted impressive numbers for the third quarter, substantially higher than analysts had predicted, leading to a jump in the share price. The Korean tech giant has forecast profit for July, August and September will be 7.3tn won (£4.1bn …

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  1. Mage Silver badge
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    Not a one trick pony.

    Unlike some American badge & Marketing companies, Samsung has a VERY wide portfolio of products in diverse markets. They OEM parts as well as making products for Industry as well as for Consumer. They could stop selling phones and tablets tomorrow and it wouldn't be a big deal. They also really make stuff and do real R&D with stuff that actually deserves patents.

    This is no surprise.

    11 0 Reply
    1. bazza Silver badge
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      Re: Not a one trick pony.

      They've certainly done a lot of things very well. Look at their TVs: whilst others were buying expensive FPGAs to do the upscaling (and not very well), Samsung set about doing a proper ASIC doing the maths properly of their own design fabbed in their own plant. Results? Samsung TVs are very good, especially for the money. That's heavy duty commercial ambition flexing some serious industrial muscle and getting good results from it.

      6 0 Reply
  2. Anonymous Coward
    Anonymous Coward

    For Samsung..

    ....phones are just a sideline.

    0 0 Reply
  3. thtechnologist

    Funny how selling millions of something is "tanking" nowadays.

    3 0 Reply
    1. Charlie Clark Silver badge
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      Especially when it's not entirely true. I haven't seen any recent breakdowns but the summer numbers showed that the Edge was selling better than expected, so much so that supply couldn't meet demand, and the S6 less and this is was led to disappointing numbers.

      There's no doubt that Apple is still taking the lion's share of the profits but the S6 Edge seems to be doing a good job in establishing Samsung as not just an "also ran".

      3 0 Reply

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