Guest Jared Peters Posted June 24, 2014 Posted June 24, 2014 It looks like Samsung’s Q2 earnings may not be quite as great as the company originally anticipated. Early reports are saying that Samsung’s market share and device sales have dipped a considerable amount thanks to heated competition from other manufacturers like Apple and LG. Samsung’s market share in the smartphone market is predicted to drop to about 30 percent, and operating profits are expected to be around $7.74 billion. Those are still very impressive numbers, but for a company that’s on top like Samsung, shareholders want things to continually improve, not stagnate. Samsung has reportedly sold about 15 million Galaxy S 5 smartphones, down from the originally forecast 21 million. That’s about a 25% discrepancy, so you can expect that to hurt earnings a bit, as well. However, Samsung is making big strides in the wearables market, and their processor market is doing fairly well, too. It’s not all doom and gloom, but it’s going to be interesting to see if Samsung can maintain their top spot in the Android ecosystem over the next few months. source: Korean Herald via: Android Authority Come comment on this article: Samsung may post a weak Q2 due to slower device sales Visit TalkAndroid for Android news, Android guides, and much more! News via TalkAndroid
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