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On Thursday, analysts estimated that although Apple introduced the iPhone 5, Samsung’s sales of mobile device remained strong and the company’s operating profits in the fourth quarter will therefore hit a new record. The analyst of investment bank I’M Investment & Securities Co believed that in the fourth quarter from October to December, the operating profits of Samsung Electronics will reach 8.83 trillion won (U.S. $ 8.23 billion), an increase of 66.7%; revenue 55.65 trillion won, an increase of 17.7%. The analysts of the investment bank have pointed out that the chain growth of Samsung’s fourth-quarter operating profits is significantly. Since the sales of Galaxy S3 smart phone continue to grow, coupled with the successful launch of Galaxy Note 2, Samsung’s third-quarter operating profits reached a record of 6.6 trillion won, with a total revenue of 52.2 trillion won. Although Apple in September of this year released the iPhone 5, analysts are still very optimistic about the outlook of Samsung’s fourth-quarter profits. Hong Seong-ho, an analyst of the investment bank I'M Investment & Securities, said, “The market is worried that Samsung’s fourth-quarter profit growth will slowed due to the release of the iPhone 5, but the sales of Galaxy Note 2 have exceeded expectations. In view of the new the Galaxy S4 smart phone being expected to be released in the first half of 2013, Samsung’s competitive advantage to Apple will extend to the next year.” Hong Seong-ho set Samsung’s target share price to 1.75 million won. He estimated that in the fourth quarter, the shipments of Samsung’s smart phone will be 61.7 million. When Korean stock market closed on Tuesday, Samsung’s shares closed at 1.52 million won. Hong Seong-ho’s view was recognized by other analysts, who believed that Samsung’s profit growth was mainly due to the company’s mobile business unit. Noh Geun-chang, an analyst of Korean investment institution HMC Investment & Securities Co, said, “This year, Samsung’s market share in the smart phone market may increase from 20.5% last year to 32.4%. In 2013, its market share will be expanded to 40.8%, which is almost the same as the market share of the global mobile phone giant Nokia in the heyday of 1990s.” Noh Geun-chang expected that Samsung’s operating profit of next year will reach 39.7 trillion won, 10 trillion Korean won more than this year’s operating profit expectation. He also raised Samsung’s target price from the previous 1.75 million won to 1.85 million won. When a new game is officially released, many players begin to play and game gold will be very expensive. If you don’t believe, you can often visit Guild Wars 2 Gold, Guild Wars 2 Gold and Guild Wars 2 Gold sale.
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