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Astronomers more accurately calculate the Milky Way's mass
It's impossible to arrive at an exact measurement for the billions of stars and other objects that make up the Milky Way. However, a group of astronomers say they have calculated the most accurate estimate to date. In a paper that will be published in The Astrophysics Journal, the scientists estimate the mass of the Milky Way to be 9.5 x 1041 kilograms or 95 followed by 40 zeros. For reference, that's 4.8 x 1011 times the mass of the sun. Astronomers use the so-called "solar masses" as a standard unit of measure, comparing other objects and formations to the sun.
Samsung's estimated profits for Q1 top $7.7 billion on the eve of the Galaxy S 4
As it's known to do, Samsung Electronics has released early estimates for its quarterly earnings and Q1 of 2013 was another good one for the company. According to reports, its operating profit is expected be around 8.7 trillion won ($7.7 billion), pushed by sales of its current smartphone lineup even as its new standard bearer, the Galaxy S 4, waits in the wings. The projections slot in lower than its record setting $8.27 billion Q4 2012, but still up significantly from last year's $5.16 billion operating profit for the same period. More detailed breakdowns by division will be available in the full report April 26th, but we're getting the idea they're doing just fine.
Samsung makes $7.4 billion in Q3 profits, surpasses expectations
Samsung set the bar a little lower than the final mark when it told investors its expectations earlier this month, posting $7.4 billion in operating profits for Q3 and $5.97 billion in net income. This handily bests the $7.28 billion profit it told investors to expect, nearly doubling what it made over the same period last year. Why the jump? You can blame the Galaxy S III, which increased shipments "significantly due to global expansion," the company says. Indeed, smartphone sales are credited to Sammy's quarter over quarter leap in revenue. Consumer electronics sales also boosted profits a fair deal, achieving "industry leading profitability" in the TV market, according to Samsung, who cited growth both in the consumer space, and in the sales of OLED panels for televisions, tablets and high-end smartphones. The company's semiconductor sales, on the other hand, dropped by eight-percent in the face of weak PC demands. Samsung expects demand for PC DRAM and other high value-added chip products to remain weak, but optimistically notes that the sector is still profitable, and may pick up as new devices come to market. Got the basics? Great -- dive into the details and charts at the source link below, or read on for Sammy's official Q3 press release.
Samsung expects around $7.28 billion in operating profits for Q3, setting another record
Samsung has provided investors guidance ahead of its full Q3 earnings report that's due before October 26th, and as has been the custom, the numbers are huge. It's expecting a fourth straight record quarter with overall operating profit of 8.1 trillion won ($7.28 billion), an amount that would more than double last year's results for the same period and clear Q2s $5.86 billion, all on sales of 52 trillion won ($46 billion). We'll have to wait for the full report to see numbers broken down by department, but it's safe to say that there's a lot of Galaxy S IIIs (it ticked past 20 million last month) adding up to reach that pinnacle. Reuters and Bloomberg have predictions from various analysts on how many handsets, RAM chips and flat-panel HDTVs were sold, but if its legal battle with Apple ends in the worst-case scenario, at least we figure Samsung will have enough left over to keep the lights on.
iPad estimated to be cornering nearly 73% of Chinese tablet market
We're used to seeing tablet market share illustrated on the world stage. China, however, has usually been untouched. Analysys International has taken a crack at decoding the market and has bucked a few expectations in the process: according to its estimates, the iPad's lead is even larger in China than it is worldwide. About 72.7 percent of all tablets sold in the country during the second quarter were Apple-flavored, while homegrown hero Lenovo was a distant second at 8.4 percent. Everyone else had to contend with less than four percent and reflected the more diverse Chinese technology sphere -- relative heavyweights like Acer, ASUS and Samsung had to hob-nob with brands that have little recognition elsewhere, such as Eben and Teclast. The researchers credit Apple's lead, a 7.8-point gain, to a combination of the new iPad and a price-cut iPad 2. We'd add that Analysys' figures might not tell the whole story, though: China is well-known for its thriving shanzhai market, where legions of KIRFs and very small (usually Android-based) brands likely slip under an analyst group's radar. That said, it's still an illustration of how Apple's influence in tablets is a distinct reversal of its much smaller smartphone share, even in a nation that's a hotbed of Android activity.
Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales
Samsung's complete earnings results for the April - June 2012 period won't come out until July 27th, but Reuters reports its early guidance to investors estimates the company's profit at a record 6.7 trillion won ($5.9 billion). That's mostly due to strong sales of the ever-expanding (and increasingly targeted by lawsuits) line of Galaxy smartphones. Sales forecasts are slightly below earlier estimates, and while there's no specific numbers for each division, a Bloomberg breakdown of analyst predictions suggests there should be more good news to go around later this month.
Can the iPad sustain its incredible yearly growth?
Horace Dediu of Asymco examined the history of Apple's iPad sales since 2010 and calculated that its grown at an astonishing rate of 150 percent each year. Based on Apple's stellar iPad launch weekend, Dediu believes this phenomenal growth is sustainable. As Philip Elmer-DeWitt points out, Dediu goes above Wall Street's current consensus and predicts Apple will sell 12.2 million tablets by the end of this quarter. [Via Fortune's Apple 2.0]
EU online spending estimated to grow 16 percent, reach €232 billion in 2012
Pardon us Americans as we act surprised, but it turns out that we have one more thing in common with our Euro brethren: a growing number of us dislike shopping in stores. According to Kelkoo estimates, online spending in the European Union is projected to continue its upward trend, which is said to reach somewhere in the neighborhood of €232 billion before year's end. If the estimate holds, this would be a 16 percent increase over the €200 billion raked by e-tailers during 2011, and is naturally assumed to come at the expense of traditional brick and mortar outfits, whose growth is projected to increase by a mere 1.8 percent.The data gathered also suggest there's significant room for expansion, however, as online spending accounted for just 7.8 percent of all EU retail sales in 2011, with the UK, Germany and France being responsible for a whopping 71 percent of that tally. The 16 percent projected growth is a slight decline from 2011, which saw EU online spending grow by 18 percent -- although, Europe's growing habit for click-and-ship continues to outpace the US, which grew by only 12.8 percent in 2011. Now, since you've crammed all these numbers, why not check the funny pages?[Shopping button via Shutterstock]
Nokia downgrades sales forecasts thanks to 'competitive environment' (aka, 'doing business')
Look, Nokia, don't sweat it: no one could've ever predicted that Android would get more awesome, or that Apple would announce another iPhone. Sit down, let us bring you a cup of hot chocolate, you'll feel better... goodness, the mobile industry is filled with more wild plot twists than a Univision telenovela, isn't it? Unfortunately, your shareholders might be a little less understanding of the fact that you still haven't wrapped your noodle around the rapidly-changing smartphone market some three and a half years after the introduction of the original iPhone, or that you're blaming "shifts in product mix towards somewhat lower gross margin products" in part for your forecast downgrade -- even though you've been very candid about your desire to move the company's focus toward emerging markets. Why you can't manage to cobble together a competitive operating system with your overwhelming market share, cash, and resources is a bit of a mystery, but maybe it'll all make sense by the time you release second-quarter earnings on July 22. Follow the break for the somber press release.
30 million Windows Phone 7 devices sold by the end of 2011? Microsoft says yes (update: not exactly)
We've got to hand it to Microsoft -- when it sets a goal, it really sets a goal. As you can see in the slide above shown during a ReMix event in Paris yesterday, Microsoft is apparently expecting to sell 30 million Windows Phone 7 devices by the end of 2011, based on IDC projections. To state the obvious, that's pretty ambitious any way you slice it -- especially considering that the first Windows Phone 7 devices are still quite a few months away from hitting the market, giving Microsoft just over a year to reach that mark. Even more impressive is the fact that the figure apparently doesn't include other "Windows Phone" devices like the Kin, but maybe that'd just make 30 million a piece of cake. [Thanks, Greg] Update: Well, it looks like Microsoft may not be quite this ambitious after all. As John Paczkowski of All Things Digital reports, IDC says the numbers cited by Microsoft are actually for all Windows Mobile devices combined, not just Windows Phone 7, and even that figure is a bit off -- the actual number is 32 million. Microsoft itself has also now admitted the error, saying the slide was "inaccurate" and that it isn't providing any sales forecasts for Windows Phone.
Chitika tracking iPad purchases, estimates 560K so far
Want to know how many iPads have really been bought? It may not be the ideal methodology, but at least ad network Chitika can explain where its numbers are coming from: the company is watching for ad loads from unique instances of Mobile Safari (each one representing a newly unpacked iPad browsing the net), then factoring in the percentage of the Internet that is visible to Chitika's sensors. The result, as of tonight, is about 565,000 iPads in the wild -- which means that sales are moving along nicely, even after the steep peak of the first day has passed. [via Business Insider]
Analyst ups iPad sales estimate by 30%
BMO Capital's Keith Bachman is bullish on Apple, and not in a small way. After bumping his target price for AAPL from $250 to $265 (keeping in mind that it's hovering around $227 now), he sent out a letter to clients cited by Phil Elmer-DeWitt at Apple 2.0 that explained the rationale behind the renewed optimism. Along with upside anticipation for Mac and iPod sales, Bachman gave a major collagen injection to his iPad sales projections. He's now considering his original fiscal 2010 target of 2.5 million iPads sold to be a conservative number, and he's looking at a possible 7.2 million devices moved for FY 2011. Considering he was originally citing a 5.5m outlook for 2011, that's a big shift, and it gets him more in line with estimates from Gene Munster and other analysts. Bachman bases his new numbers on his confidence in continued growth for both the ereader and netbook market segments, and Apple's ability to pick up more than 1/3 of the total sales in that space for 2010. It's a positive forecast -- and you have to think that Barnes & Noble, Sony and Amazon's potential customers are strongly considering iPads as an alternative to ereader-only purchases -- but it might be overenthusiastic to start counting those chickens before the iPad has a chance to spend a little time in the hands of real users.
iPad pre-orders estimated at over 150,000 -- possibly ahead of iPhone rate
Let's get this out of the way right up front: the estimated number of iPads sold in the first 72 hours is nowhere near official. And if the numbers hadn't been scraped together by a well known amateur Apple analyst who regularly trumps the pros then we'd be skipping the fruits of his black magic algorithms altogether. Nevertheless, Daniel Tello (aka, Deagol), has applied his proven approach of extrapolating Apple web order numbers to come up with a 120,000 total for first day iPad sales that slowed to 152,000 after 72 hours (not including iPads reserved for pick-up). Tello told Fortune, "My best guess, although very tentative given the early stage and few data we have so far, would be that they hit the 1 million unit milestone by the second week after it ships." For those keeping track, it took the original iPhone 74 days to hit 1 million. Quite an accomplishment if these numbers pan out (and that's a big if!) considering that only 3 to 4 million tablets are sold globally each year.
Motorola gives bleak outlook, plays musical chairs with execs
Okay, look, we seriously don't support laughing at Moto's misfortunes, and that's the truth -- but they just made it too easy here. Above is a screen shot of AP's brief about the sitch as it appeared for us on Yahoo! News. How better to compliment a MOTOSTRY than with a MOTOADVT, right? The ad here is encouraging us to get our news right on our V3xx, even if said news has to do with Motorola's bleak outlook for fiscal '07, apparently. Come on, if you don't get a good belly laugh out of that, you need to check your pulse... so yeah, anyway, the post-RAZR hangover continues at Moto, with CFO David Devonshire "retiring" to make way for Thomas Meredeth effective April Fools' Day. Profit forecasts are also continuing to follow their downward trend, with the first quarter now expected to rake in revenues of $9.2 to 9.3 billion, down from the $10.4 to 10.6 billion quoted just two short months ago. CEO Zander himself blames much of the shortfall on competitors' price pressures in the low-end segment; personally, we blame the shortfall on the fact that we still don't have a frickin' MOTORIZR Z8 in our hands, but what do we know?
