Samsung intends to stop releasing sale figures

Samsung has announced that it is going to stop providing sales data on its line-up of both mobile phones and tablets. The company said alongside this that it may present business risks in the face of increased competition. Some analysts have raised the idea it may be due to Apple's legal confrontation with the South Korean electronics manufacturer. Having released its second-quarter earnings today the company appears to have sold 70,000,000 mobile devices during the quarter. This figure includes the Galaxy Tab tablet, meaning that the number of actual mobile phones sold is not clear.

Samsung recorded a drop in quarterly earnings but profit for the company remains strong, claiming that smartphone sales are continuing to grow. The Galaxy S II smartphone added a large contribution to sales, with 5,000,000 handsets being sold during the first 85 days of the phone's release. As CNET reports, they claim their sales rose by 43% during the quarter, with the Wall Street Journal having stated that the company was one of the most guarded in the tech industry. The WSJ said that these figures were one of the "rare morsels" of detailed information provided by Samsung.

Apple and Samsung have been tangled in an ongoing legal battle for quite some time now, with Apple having tried to stop the sale of some Samsung devices in the United States, as well as other actions. Samsung's position in the tech world seems to remain strong despite this, and their recent sales seem to be continuing to evidence this. Unfortunately it is the last information of its kind from the company due to their new policy of not releasing sale figures.

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5 Comments

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KingCrimson said,
Samsung sold mostly no-profit feature phones and low-profit smartphones. Whereas every iDevice makes HUGE profit.

Unless I missed something, the article wasn't comparing the two companies financial results... :?

KingCrimson said,
Samsung sold mostly no-profit feature phones and low-profit smartphones. Whereas every iDevice makes HUGE profit.

The Galaxy S II which has sold over 5 million and costs $650 is low profit?

mrp04 said,

The Galaxy S II which has sold over 5 million and costs $650 is low profit?

Do NOT feed the trolls!!!

Probably because they are predicting their sales go go through the roof and want to hide it so they don't get targeted by patent trolls and Apple. Not going to work though.