Two reports emerged today putting Apple and Samsung in the spotlight, for two extreme and opposite reasons.
First, let’s start with Apple.
A new report issued by KGI Securities’ analyst Ming-Chi Kuo shows that Apple will sell 71.5 million iPhones this holiday quarter. If the forecast is accurate, Apple would be crushing its own record of 51 million iPhones sold last year during the same period. Ming-Chi Kuo is known to hit mostly all estimates when it comes to Apple.
The report also estimates that the iPhone 5c and iPhone 4S will experience growth in Q1 2015 mainly in emerging markets.
Now then, let’s jump to the second report: Samsung.
The WSJ claimed that Samsung’s Galaxy S5 has performed way below what the company has expected. According to the report, the S5 sold 12 million units in its first three months of sales. The hit mainly came from countries like China where sales dropped almost 50%. Unlike the rest of the markets, the US market (Samsung’s biggest market) actually grew. The reports suggested that Samsung missed the sales target by around 4 million units.
The WSJ also cites said that Samsung is considering making changes in the upper management.
Sources: The WSJ , 9to5mac
