Samsung Q4 earnings leak claims $5.5 billion in mobile profits

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

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28 Comments

1. rahulcena5565

Posts: 57; Member since: Nov 01, 2010

They mean 'Million'.

4. neutralguy

Posts: 1152; Member since: Apr 30, 2012

no. they mean 5.45 billion

6. nyuhsuk

Posts: 12; Member since: Sep 28, 2009

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

7. MeoCao unregistered

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

12. MichaelHeller

Posts: 2734; Member since: May 26, 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.

15. dan86

Posts: 298; Member since: Mar 17, 2012

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

22. AnTuTu

Posts: 1620; Member since: Oct 14, 2012

Awesomeness :) proud of you Sammy :)

2. GALAXY-STORM

Posts: 328; Member since: Oct 13, 2012

Well done Samsung.

3. santy

Posts: 60; Member since: Dec 02, 2011

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

11. MichaelHeller

Posts: 2734; Member since: May 26, 2011

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

13. GALAXY-STORM

Posts: 328; Member since: Oct 13, 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..

5. fanboy1974

Posts: 1345; Member since: Nov 12, 2011

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

8. richardyarrell2011

Posts: 510; Member since: Mar 16, 2011

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

19. oister85 unregistered

You use to comment in phone dog too right

28. PapaSmurf

Posts: 10457; Member since: May 14, 2012

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

24. TROLL

Posts: 4851; Member since: Apr 13, 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......!

9. rainyday

Posts: 44; Member since: Sep 04, 2012

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

10. drnggaj33

Posts: 127; Member since: Feb 29, 2012

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

14. ray77

Posts: 126; Member since: Nov 17, 2012

that is a lot of money

16. mrochester unregistered

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

17. drnggaj33

Posts: 127; Member since: Feb 29, 2012

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

18. MichaelHeller

Posts: 2734; Member since: May 26, 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.

20. mick25

Posts: 110; Member since: Nov 12, 2012

/s means sarcasm he is being sarcastic

26. mrochester unregistered

At least someone gets it!

27. MichaelHeller

Posts: 2734; Member since: May 26, 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!

21. Shino

Posts: 196; Member since: Jul 23, 2012

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

23. aahmed215

Posts: 169; Member since: Jun 18, 2012

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

25. TROLL

Posts: 4851; Member since: Apr 13, 2012

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

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