Samsung: Blu-ray Player Sales will Explode

[Blu Titan]

Samsung expects sales of Blu-ray players to total 51 million by 2012. It appears that finally the Samsung execs are seeing the Blu light. Hopefully, their new perspective will lead to better customer support for their products.
Here's the article form Swanni over @ tvpredictions.com

News
Samsung: Blu-ray Sales Will Explode
The company says it's expects a surge over the next five years.
By Swanni

Washington, D.C. (April 28, 2008) -- Samsung says that worldwide annual sales of Blu-ray players will hit 51 million by the year 2012.

That's according to an article by the Associated Press.

Samsung, which produced both Blu-ray and HD DVD/Blu-ray combo players, says that Blu-ray sales will now soar following Toshiba's decision to exit the HD DVD business.

Jun Dong-soo, chief of Samsung's digital audio-video business, said in a press release that he believes the worldwide market will grow at least 80 percent over the next five years, according to the AP.

The executive forecast that five million Blu-ray standalone players would be sold this year -- three times the amount sold last year.

"Our own Blu-ray product sales should increase to ($402 million) this year and surpass ($1 billion) by 2010," he stated.

Samsung last week unveiled its fourth-generation Blu-ray player, which is expected to be available for sale this summer.
http://www.tvpredictions.com/samsungblu042808.htm

[Blu Haze]

Not that much. Would be not even a fourth of the US. Sad for worldwide. Prices need to go down about 200 in US and even more in Europe Etc.

[cpgator]

So a company that makes Blu ray players made a statement that they predict to sell a lot of them? Maybe I missed the point.

[bferr1]

Are they kidding? In this economy? I hope Samsung isn't setting themselves up for disappointment.

[SGRSBSKIER]

They are predicting 51 million annually for 2012+ worldwide.

My main question is they expect 5 million in the US this year which is 3 time last year, where did they get the 3 times from I have never heard BD player sales totaling 1.6 million last year?

[raginranger]

Originally Posted by bferr1

Are they kidding? In this economy? I hope Samsung isn't setting themselves up for disappointment.

the economy will be much improved by 2012

[Blaumann]

Geez, at first i've read "Blu-ray Player will Explode". lol

[bferr1]

Originally Posted by raginranger

the economy will be much improved by 2012

I hope you're right. But soaring food and gas prices, leading to food riots and gas thefts, and a deepening foreclosure crisis do not fill me with a lot of confidence.