Samsung shares have jumped 7.2% since the US court ruled that they copied Apple back in August. The company has been told to pay Apple over $1 billion and as expected Samsung will appeal the ruling. Samsung smartphone shipments are estimated at around 58 million, as Galaxy S III makes up around 20 million of those. Samsung did great in the smartphone sector but their chip business is not doing that well. However, things may change when they start to push their Exynos processors into more devices.

Samsung expects around $25 billion profit by the end of the year and this should bring happiness to their workers as they may get bigger bonuses because of this financial success. Apple is currently enjoying huge demand for their new iPhone 5 and is having real troubles with even keeping it in stock. But the Samsung Galaxy S III won’t give up that easy in this battle of Android an iOS, in fact its sales keep on increasing regardless the new iPhone launch. What could have an impact on Samsung’s profit is Google's decision to break their partnership with Samsung for their Nexus brand, so Samsung will stay in the smartphone battle only with their own devices.

Discuss this in our Forum