Samsung is in ‘full recovery phase’

April 3, 2015

Editorial Note: Talk Android may contain affiliate links on some articles. If you make a purchase through these links, we will earn a commission at no extra cost to you. Learn more.

Samsung_Logo_02_TA_CES_2014

Samsung will announce earnings for the first quarter next Tuesday, but don't expect much. However, investors are expecting big things for the rest of the year.

Shares already hit a 21 month high in mid-march with the belief that the Galaxy S6, Galaxy S6 Edge, and other mid-tier phones will boost sales. Strong semiconductor sales will also drive sales as Samsung is now committed to their own Exynos processor and they have signed up NVIDIA as a new customer.

Samsung is estimated to sell 44 million Galaxy S6 and Galaxy S6 Edge phones this year, which will best the Galaxy s5's 38 million last year.

As much as all of this is positive, the recovery is expected to be gradual. In other words, don't expect Samsung to reach the record profits they enjoyed in 2013.

source: Reuters

Robert Nazarian Author

Robert lives in upstate New York where he was born and raised. Technology was always his passion. His first computer was a Radio Shack TRS80 Color that used a cassette tape to save programs, and his first laptop was a Toshiba T1200FB that sported a CGA greyscale screen and two 720kb floppy drives (no hardrive). From the early 90’s through late 2011, he only owned Motorola phones starting with the MircroTAC all the way through to the Droid X. He broke that streak when he bought the Galaxy Nexus. Now he's sporting a Galaxy Note 4, and absolutely loves it. He has a wonderful wife and a 6 year old son. In his free time he enjoys sports, movies, TV, working out, and trying to keep up with the rapid fast world of technology.