Skip to main content
  2. News
  3. 2012
  4. November
  5. Samsung to sell over 60 million smartphones in Q4

Samsung to sell over 60 million smartphones in Q4

Samsung to sell over 60 million smartphones in Q4

Samsung will shift more than 60 million smartphones in the last quarter of this year, UBS financial services has forecast.

Number crunchers at the investment bank estimate that Samsung will ship 61.5 million handsets in the period of October to December, the bulk of which will consist of its massively popular flagship devices such as the Galaxy S3 and the Galaxy Note 2.

The final figure could be further increased to 63 million, thanks to solid sell-through of the Note 2, which shipped an impressive three million units in its first five weeks of availability alone.

This would account for a five per cent growth in sales over the 58 million handsets Samsung sold in the previous 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 seven million Galaxy Note 2, compared to our initial expectation of 5 million for the fourth quarter."

The Samsung Galaxy S3, which launched back in May and has sold more than 30 million units to date, is also showing no signs of stopping, with more than five million units flogged in October alone.

"We see a limited ramp-down, if any at all, for the Galaxy S3, and we feel comfortable with our 15 million estimate for the fourth quarter of 2012," Gaudoise explained.

The projections will no doubt delight Samsung as we approach the holiday season and are a testament to the massive market demand it has created for devices such as the Note range, which had been initially snubbed critics as being ‘too niche’.

Samsung is reportedly working on a company-wide overhaul of its image, including a redesigned logo, which is expected to be officially unveiled at CES 2013 in January.

What do you think of Samsung’s success this year? Send your thoughts in the comments section below.



back to top