Originally Posted by Tallest Skil
Nice to see you’ve backed it down instantaneously. Can we go for hundreds of thousands now? You know, like a real number would be?
Samsung sold 38 million Note1 and Note2 POS phones as of 11 months ago
Shamdung fools 10 million idiots to buy POS Note3
Samsung sold more than 40 million steamy pile of crap S4 POS
Samdung sold 11 million POS S5
38+10+40+11 = 98,000,000
Now add LG's, Xiaomi, Sony 5+ inch phones and you get well over 100,000,000
I know what you will say.
"I don't believe it since those figures are not in the audited financials"
No other company releases unit figures in their public filings except Apple. If that's your standard of proof than Apple has sold 100% of the smartphones on the planet since they are the only one who reports these on their SEC filings. But Samsung PUBLICLY reporting unit sales in a press conference is as good proof you can get short of a public filling. If those public statements are proven false Samsung investors can sue the living sheet out of the company. And you bet they would since the stock is in the crapper right now.
Keep in mind what Apple does is very unusual. Hardly any company reports unit sales each quarter in their SEC filings.
McDonalds does not report total burgers sold in their 10-Q
Coca Cola does not report total cans sold
Levi's does not report number of Jeans
ect, ect, ect.
But if you make a press release like Shamesung did its pretty solid. Since if its proven to be materially wrong investors can sue the living snot out of the company.
Edited by sog35 - 8/21/14 at 11:08am