After releasing its guidance earlier this month, Samsung this evening has disclosed its full earnings for second quarter of 2015. The company reports an operating profit of $5.9 billion with revenue of $41.5 billion. In the year ago quarter, Samsung reported operating profits of $6.17 billion.
Q2 Stories July 29, 2015
Q2 Stories August 14, 2014
Q2 Stories April 16, 2014
Samsung says Android is still top priority as it plans Tizen smartphones for Q2
While Samsung has confirmed plans to debut phones running Tizen instead of Android, senior vice president of Samsung’s product strategy team Yoon Han-kil says Android will remain Samsung’s “main business.” The executive also confirmed in the same interview with Reuters that two Tizen smartphones will debut in Q2 with Tizen being used on devices launching only in certain markets:
““We had tried to launch (Tizen) with DoCoMo and Orange … but couldn’t because of poor market conditions. We have changed our strategy and will release the phones in a few countries where we can do well,” he said, adding that he thought Tizen would have to account for up to 15 percent of Samsung’s total smartphone shipments to become a successful platform.
Samsung officially made the switch from an almost all Android ecosystem for its mobile devices to Tizen for its latest round of Gear smartwatches. However, Yoon also confirmed to Reuters that the company plans on releasing an Android smartwatch later in the year, which will presumably be based off Google’s recently unveiled Android Wear platform.
Q2 Stories March 28, 2014
Philips has just revealed some details of an upcoming 8000 series lineup of TVs for 2014, which will likely be the first lineup of Ultra HD TVs that hit the market running Android. Philips has three models running Android- Full-HD 8100 and 8200 Philips TVs and the Ultra HD 4K 8800 series— all of which come packed with Google Play store access and Google services like Chrome, YouTube, Google Play music and movies, and search. expand full story
Q2 Stories February 21, 2014
Nvidia announces new Tegra Note 7 with LTE, arriving Q2 for $299
Nvidia announced today that it will be releasing a new version of its Tegra Note 7 tablet that will include its i500 LTE model for 4G LTE cellular connectivity. The non-LTE version hasn’t exactly been a big seller, but it’s a welcomed update on a decent 7-inch tablet option that the company is still marketing as “the world’s fastest 7-inch Android tablet.”
The Tegra NOTE 7 serves up a bundle of cutting-edge mobile technologies – including one of the world’s fastest processors, Tegra 4, a superb stylus, exceptional audio, Android 4.4.2 (KitKat), and, of course, great NVIDIA gaming. And that’s at a starting price of just $199. Now, we’re added lightning-fast mobile data to the mix. Tegra NOTE 7 is available with LTE and HSPA+ mobile connectivity, and it can operate on popular carriers across the world.
The new LTE version will arrive in Q2 for $299 and Nvidia is also rolling out KitKat updates to its entire Note 7 family and releasing the tablets in new markets in Western Europe, Brazil, and Ukraine.
Q2 Stories July 24, 2013
LG reports 12.1 million smartphone shipments in Q2, $2.78 billion in mobile revenue
LG has just posted its earnings for Q2 2013. The company reported revenues of $2.78 billion for the quarter, which is a 34.5 percent increase year over year. LG says that it also sold a record 12.1 million smartphones during the quarter, which led to an operating profit of $54.37 million, which is slightly lower than last quarter. LG attributes the drop to weaker demand in the South Korean market.
LG expects the lower-end L-Series and F-Series devices to increase overall sales growth, while its flagship G2 device should “increase the company’s product competitiveness.”
The company is expected to announce its highly-anticipated G2 flagship on August 7th.