news hardware Galaxy S22 sales are better than expected, Samsung in heaven
Samsung’s results for the third quarter of 2022 are looking good, and the South Korean company has its Galaxy S22 range to thank for the most part: it manages to outperform the Galaxy S21 range, which has already done very well over the past year has sold.
When manufacturers of high-tech devices record very good results, they usually say so clearly. And in this period of quarterly earnings, it’s normal to see announcements like this. Not all companies are necessarily in good shape, however This is the case of Samsung, which highlights significant sales of its line of high-end Samsung Galaxy S22 smartphones.
Samsung sells Galaxy S22 pallets and welcomes it
“The Galaxy S22 series, launched in the first half of the year, has maintained strong sales momentum and demonstrated significant year-over-year revenue growth.”the manufacturer explained in particular during its recent Appeal to Shareholders. Naturally, when the company speaks of “last year”, it is speaking of the Samsung Galaxy S21, its collection of entry-level smartphones that was formalized in the first quarter of 2021.
However, Samsung does not say more on the subject: It is therefore not clear whether the company is selling more Galaxy S22 than Galaxy S21 or whether it is selling more Galaxy S22 Plus and Galaxy S22 Ultra, which could generate more income. The question can also be asked about models with a larger storage capacity and therefore more expensive ones.
In reality, the answer to this question is ultimately pretty much beside the point for Samsung, which sums it all up by making sure The Galaxy S22 range is a hit, helping it bring in more sales this year than the Galaxy S21 range last year
channels.
Foldable smartphones from Samsung in top form
More information from Samsung’s announcements: “Galaxy Z Fold 4 and Z Flip 4 sales showed strong growth over previous models despite a challenging market environment.”. This is a positive point for the manufacturer who continues to bet every year on these two models of foldable smartphones, the prices of which remain particularly high at the moment.
This can be recalled in this context Samsung announced last summer that it would have sold more than 10 million foldable terminals worldwide in 2021. This represents a 300% increase compared to 2020 and we can expect the manufacturer to break a new record this year. To find out, we’ll have to wait until he shares some clearer numbers on the matter.
Sales in good shape on the Samsung smartphone side, but…
in summary, Samsung’s revenue reaches 53.66 billion dollars in the third quarter of 2022, which should allow him to break his 2021 record at the end of the year. Nevertheless, it should be noted that the company is seeing sales decline in certain areas, particularly electronic components and connected TVs. The Mobile Experience division is a success that allows the South Korean company to keep its good humor in a rather dreary context, especially due to global inflation.