AfterDawn: Tech news

Analyst: Samsung will ship over 60 million smartphones this quarter

Written by Andre Yoskowitz @ 24 Nov 2012 1:12

Analyst: Samsung will ship over 60 million smartphones this quarter According to investment bank UBS, Samsung is likely to ship over 60 million smartphones this quarter.
The record number will be fueled by the popularity of the Galaxy Note 2 and Galaxy S III.

Samsung shipped 58 million units in the third quarter.

UBS says shipments will reach 61.5 million for the quarter, and could reach as high as 63 million depending on sell-through.

Reads the report: "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. We hence forecast 7 million Galaxy Note 2, compared to our initial expectation of 5 million for the fourth quarter."

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