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Samsung (SSNLF.PK) predicts that sales of its new Galaxy S III smartphone will exceed 10 million units during July, which would place it in the position of Samsung’s fastest-selling device of its kind. Additionally, the firm is forecasting that second quarter earnings from its handset business will beat the first quarter earnings, in the face of market worries that constraints on Galaxy supplies, plus a struggling world market will impact Samsung’s profitability.
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Yahoo (NASDAQ:YHOO) interim CEO Ross Levinsohn could be hoping to drop the word ‘interim’ from his title, as he employs the strategy of reconcentrating his firm on increasing its $5 billion online-ad business, along with plans to link more ads to major events such as the Super Bowl. Yahoo’s more recent tack of generating more e-commerce revenue might be being rethought as Levinsohn pushes the new twist.
Google’s (NASDAQ:GOOG) Nexus tablet, which is expected to be revealed this week at Google I/O, will feature an Nvidia (NASDAQ:NVDA) Tegra 3 processor, plus a 7-inch display, says Gizmodo. Further, an 8 gigabyte version of the tablet, which will be marketed as Nexus 7, will retail for $199, with a 16 gigabyte version for $249. These prices might not be sufficient, however, to ward off competition from the iPad, the Kindle Fire, and the looming Microsoft Surface.
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