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Holy moly: Samsung sold 500 handsets per minute and made $8.3 billion last quarter

Holy moly: Samsung sold 500 handsets per minute and made $8.3 billion last quarterWhat number of handsets do you assume Samsung sold per minute throughout October by means of December of last yr? 10? 30?

Strive 500. That equals 30,000 handsets per hour and 720,000 per day — some spectacular numbers certainly.

At its This autumn buyers steerage, the South Korean firm mentioned it expects to make $8.3 billion in Q4 profits when the earnings report comes out later this month, Reuters reported.

The expansion has been unbelievable: Samsung’s working revenue elevated 89 p.c from this time one yr in the past. The forecast would mark the fifth-straight document quarterly revenue.

In line with Reuters, Samsung was ready to stay ahead of Apple partly as a result of it debuted 37 completely different telephones last yr, whereas its rival launched simply one iPhone. These 37 telephones ranged from high-end to low-end so to match the area the place gadgets have been sold — what the folks dwelling there most well-liked and may afford.

LG launched 24, HTC with 18, Nokia at 9 and Apple with only one new gadget last yr. Samsung’s top-shelf cellphone, the Galaxy S3, surpassed the iPhone5 as the best-selling smartphone in the world earlier last yr. Gross sales of the S3 dropped, however the firm sold 8 million Observe II phablet gadgets to assist enhance Samsung’s whole smartphone shipments to 63 million in This autumn.

Analysts warn that these numbers may drop in Q1 this yr as a result of the Galaxy S4 received’t debut till March or April. Nonetheless, Samsung’s smartphone shipments are anticipated to extend regardless.

Samsung, which is valued at $230 billion, is perhaps the undisputed champion of smartphones and a tech kingpin by that point. However will Apple, LG,  or — dare I say it — Nokia’s Windows Phone assist dethrone Samsung?

What do you assume?

Editor’s be aware, Jan. 9: Samsung sold 62 million smartphones in This autumn, not for all the yr. They sold 215 million smartphones in 2012.

Beforehand on GeekWire: Mark Cuban: Nokia’s Windows Phone ‘crushes’ iPhone 5

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