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Samsung Q4 earnings leak claims $5.5 billion in mobile profits

Posted: , by Michael H.

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Samsung Q4 earnings leak claims $5.5 billion in mobile profits
Samsung hasn't officially announced its Q4 earnings numbers just yet, but there are already some leaks coming out of Korea that are claiming that Samsung is looking at some huge numbers, especially compared to the disappointing report we saw from HTC earlier today. If the leak is correct, Samsung could have made a crazy $8 billion in profits in Q4 of 2012.

The official numbers are expected near the end of the month, but early reports say that Samsung will be announcing Q4 operating profits that are up 65% compared to last year at 8.7 trillion. That would mark a new record hight, 7% better than the previous record of 8.1 trillion won in July-September.

The mobile division is what we're really focused on though, and those profits are expected to be even higher, at around 5.8 trillion won, which is twice as much as Q4 2011, and translates to about $5.45 billion in profits from the mobile division alone. If the estimates are to be believed, Samsung also sold an amazing 500 devices per minute in Q4 2012.

That's pretty impressive, but of course Samsung has had a hand in quite a lot recently. Aside from its own line of Android, Windows Phone, and bada devices, Samsung is also a big mobile component supplier. And, even though Apple cut down orders from Samsung for the iPhone 5, Samsung still supplied Apple with a number of key components for the iOS lineup. 

source: Reuters

28 Comments
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posted on 07 Jan 2013, 11:15

1. rahulcena5565 (Posts: 57; Member since: 01 Nov 2010)


They mean 'Million'.

posted on 07 Jan 2013, 11:17 11

4. neutralguy (Posts: 1152; Member since: 30 Apr 2012)


no. they mean 5.45 billion

posted on 07 Jan 2013, 11:18 1

6. nyuhsuk (Posts: 11; Member since: 28 Sep 2009)


They could be mixing up wons and $. 1000W very roughly equals a $1.

posted on 07 Jan 2013, 11:21 6

7. MeoCao (unregistered)


Very interesting to see Apple's results. SS's results was never in doubt.

posted on 07 Jan 2013, 11:46 3

12. MichaelHeller (Posts: 2680; Member since: 26 May 2011)


You're right. meant 5.45 billion, just missed the decimal point. sorry about that. 5.8 trillion won translates to $5.45 billion according to Google.

posted on 07 Jan 2013, 12:02 7

15. dan86 (Posts: 298; Member since: 17 Mar 2012)


King Samsung. Happy to see a company growing which satisfy the need of people.

posted on 07 Jan 2013, 13:48 4

22. AnTuTu (Posts: 886; Member since: 14 Oct 2012)


Awesomeness :) proud of you Sammy :)

posted on 07 Jan 2013, 11:16 9

2. GALAXY-STORM (Posts: 328; Member since: 13 Oct 2012)


Well done Samsung.

posted on 07 Jan 2013, 11:16 1

3. santy (Posts: 51; Member since: 02 Dec 2011)


I dont think any company ever has posted $545 billion in profits ..ever !!!!

posted on 07 Jan 2013, 11:46 4

11. MichaelHeller (Posts: 2680; Member since: 26 May 2011)


yep, definitely missed the decimal point on that one. those decimals cause a lot of trouble.

posted on 07 Jan 2013, 11:49 6

13. GALAXY-STORM (Posts: 328; Member since: 13 Oct 2012)


Lol if this true (545 billion in a single quarter)then they should be able to unleash hell on apple and buy them out. Just kidding..

posted on 07 Jan 2013, 11:18

5. fanboy1974 (Posts: 1242; Member since: 12 Nov 2011)


Are we sure it's billion or is it million?

posted on 07 Jan 2013, 11:29 8

8. richardyarrell2011 (banned) (Posts: 510; Member since: 16 Mar 2011)


Well deserved Samsung. They are and will continue to be clearly the BEST.

posted on 07 Jan 2013, 13:01

19. oister85 (Posts: 401; Member since: 27 Apr 2012)


You use to comment in phone dog too right

posted on 07 Jan 2013, 19:53

28. PapaSmurf (Posts: 8665; Member since: 14 May 2012)


Yeah. I kind of promoted PA over a year ago, and several people from PD came over haha.

posted on 07 Jan 2013, 14:11

24. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


With along SONY HTC LG AND MOTO and all other Android should be doing well, and let's leave the "Fruit to tumble" o and also .BB and Nokia......!

posted on 07 Jan 2013, 11:35 1

9. rainyday (Posts: 44; Member since: 04 Sep 2012)


yeah, that's is correct...billion!

posted on 07 Jan 2013, 11:43 2

10. drnggaj33 (Posts: 127; Member since: 29 Feb 2012)


get them samsung .....one billion $ law suite is nothing apple keep on sueing as sam gets $$$$

posted on 07 Jan 2013, 11:52

14. ray77 (Posts: 121; Member since: 17 Nov 2012)


that is a lot of money

posted on 07 Jan 2013, 12:20 3

16. mrochester (unregistered)


Samsung are obviously ripping off customers. They should stop being so greedy and make all of their devices cheaper.

/s

posted on 07 Jan 2013, 12:28 1

17. drnggaj33 (Posts: 127; Member since: 29 Feb 2012)


so paying for a iphone5 32 299$ 64gb 399$ is ok really ....think man they're selling a s3 for 100$ new contrect

posted on 07 Jan 2013, 12:57 3

18. MichaelHeller (Posts: 2680; Member since: 26 May 2011)


Of course, if Samsung did that, it would lower the valuation of the entire company and seriously piss off investors. Remember businesses exist to make investors happy, not customers.

posted on 07 Jan 2013, 13:04 3

20. mick25 (banned) (Posts: 110; Member since: 12 Nov 2012)


/s means sarcasm

he is being sarcastic

posted on 07 Jan 2013, 14:58

26. mrochester (unregistered)


At least someone gets it!

posted on 07 Jan 2013, 15:45

27. MichaelHeller (Posts: 2680; Member since: 26 May 2011)


I've said it before, I'll say it again: we need better punctuation for conveying tone on the web. Technically, reverse italics is used for sarcasm, but there's no good way to do that online.

Anyway, sorry I missed that!

posted on 07 Jan 2013, 13:07

21. Shino (banned) (Posts: 196; Member since: 23 Jul 2012)


These numbers are with or without the $1,1 billion fine?

posted on 07 Jan 2013, 14:11 2

23. aahmed215 (Posts: 79; Member since: 18 Jun 2012)


Without. Samsung hasn't paid the fine yet and doesn't have to yet. They can challenge the decision.

posted on 07 Jan 2013, 14:13

25. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


We are all hoping the Apple to lose...!

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