Samsung To Ship Over 60 Million Smartphones In Q4, Thanks To Galaxy S III And Note 2

Posted on Nov 21 2012 - 7:35am by Editorial Staff

The Yonhap News Agency is reporting that the South-Korean giant Samsung to ship over 60 million smartphones units in the fourth quarter estimating over on the recent big launch of Galaxy S III and Galaxy Note 2. The company will sell 61.5 million units of smartphones in the October-December, an increase of 5 percent from an estimated 58 million units in the last quarter.

“The Galaxy Note 2 has shipped 3 million units in its first five weeks of sales, with sell-through strong in Asia and Europe, and the U.S. gathering pace post-launch,” said Nicolas Gaudois, an analyst at UBS. “We hence forecast 7 million Galaxy Note 2, compared to our initial expectation of 5 million for the fourth quarter.”

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