Samsung to stop releasing data on phone sales


Samsung will no longer provide sales data and forecasts on its mobile phones and tablets.
Announcing the new policy today, the company said that revealing such information may present risks to its business in the face of increased competition. However, analysts believe the move is also related to the company's legal skirmish with Apple, says today's Wall Street Journal(subscription required).
Releasing its second-quarter earnings today, Samsung said that its mobile sales rose 43 percent year over year. The company also reported selling 70 million mobile devices for the quarter, but that figure included its Galaxy Tab tablet, according to the Journal, leaving analysts uncertain how many phones were sold.
Samsung actually recorded a drop in its quarterly earnings but said that smartphone sales continue to grow. A huge contributor to the gain in sales, the company's Galaxy S II smartphone pulled in 5 million in unit sales during its first 85 days


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