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Samsung Galaxy S4 sales slowdown company's share price fell

Written By Unknown on Sunday, June 9, 2013 | 7:43 PM

JPMorgan analyst estimates Samsung Galaxy S4 mobile phone sales will slow down many investment banks brokerages Samsung target price, subject to market worries about the performance of the company rose, June 7 Samsung shares fell 6.2 percent, a record eight months the largest decline since the company $ 12 billion market value evaporated. Samsung Galaxy S4 mini was recently launched, JPMorgan analyst JJPark released a report that displays information from the supply chain, in July 2013 the Galaxy S4 orders have fallen 20-30%, about 700 million units to 800 million units, Galaxy S4 smart phones in the 2013 third quarter performance will be disappointed investors, Samsung products, profit margins will decline.
JJPark report to insiders by surprise, before the report published in the JPMorgan from Canaccord Genuity's report revealed that in May 2013 the Samsung smartphone sales in the United States has surpassed Apple. Samsung officially announced the Galaxy S4 listed yet reached the month of global sales have exceeded 10 million units.
Shinhan Investment analyst Kim Young-chan also expressed the same view, Samsung's high-end smartphone sales lower than expected, but Samsung's low-end smart phone market is still strong, worldwide low-end smart phone sales continue to rise Although this part of the rising proportion of product sales, Samsung's products may reduce profit margins, profit growth will slow.
Samsung performance by market concerns about the emotional impact, June 7 Samsung shares fell 6.2 percent, which is four months, the lowest point since the Samsung shares, 6.2% decline in eight months also created the largest single-day drop since Samsung Seoul, South Korea Stock Exchange accounted for 20% of total market capitalization, Samsung shares plunged lead Seoul stock index fell 1.9 percent, in addition to Samsung smart phones component vendor's share price also appeared crash.

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