Analysts Predict Samsung Will See Record Sales In Q1 This Year

By 04:01 Fri, 16 Jul 2021 Comments



Samsung had a remarkable final quarter in 2012 and the recent year will be even better, according to the analysts from Counterpoint Research. They estimate that Samsung managed to sell about 25 million phones each month this year, putting them on track for a 70+ million sales Q1, which will be a recent record for the company, defying lower seasonal demand.

Over the two full months that have passed this year, Samsung’s market share rose to 35% (up from 32% in the final quarter last year). Main rival Apple is also on the rise, sitting at 21% (up from 17%). LG saw small gains too – 4.3% (up from 4%) – and is currently behind Chinese makers ZTE (4.6%) and Huawei (4.4%).

The predicted record sales and rising market share leads analysts to believe Samsung will post an operating profit of about $7.7 billion, in line with market predictions. When the full Q1 report comes out we’ll acquire concrete numbers, plus a final see at how the Galaxy S III performed on the market before the Galaxy S4 takes over.

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