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The flagship Galaxy S3 is the one which is now rising to glory and has been accepted with open arms in the markets all over. Samsung galaxy smartphones have taken the front seat and are steering through the market as well as their customer base requirements to an impressive run as the sales figures have a decent story to recite.
It was recently stated that within a hundred days the sale of the Samsung Galaxy S3 has shot over 20 million units. Sounds unbelievable? Believe it, as it has now officially become the fastest selling electronic gadget ever. Soon the profits of this Korean firm are expected to reach $300 million riding high on the s3.
Though it was earlier predicted by analysts that the initial quarter will be a boom for the device but the sales will slow down in the next quarter, it just did not make any effect as the sales figures were not only cruising comfortably but are expected to cross the $5.9 billion of the last quarter and reach approximately $6.2 billion by the end of the quarter. Inspired by this will be their performance in the third quarter too as they gear themselves up for future targets.
But their arch rivals in the US market, Apple, will be launching their latest offering to the market in the form of the iPhone 5 which is eagerly being waited and this event is supposed to have some effect on the S3 sales figures. The legal battle that they were having may have turned things bitter among the firms but so far the effect of this cannot be seen in the US markets as Samsung products are still very much in demand.
Somewhere in the coming year, people are hoping for Samsung to come out with the next in the S series the S4 which will be another gem in the market and maybe we will get to see another fairy tale rise like the one of Samsung galaxy s3.
A recent study has brought it into the light that Samsung has upped its operational profits up to 78 percent from the previous year and this, in a competitive market like that of smart phones and such other devices is a very hard feat to achieve.
Samsung has also released its Galaxy Note2 and has pinned high hopes on this device. When S3 hit the markets it was equipped with the Android ice cream sandwich OS which was the hottest thing at that moment for the geeks but now with the latest Jelly bean OS out, Samsung has promised an update very soon for all its users who are currently using the galaxy s3.
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