Samsung Q4 earnings leak claims $5.5 billion in mobile profits
posted by Michael H. / Jan 07, 2013, 11:12 AM
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.
Posts: 57; Member since: Nov 01, 2010
They mean 'Million'.
posted on Jan 07, 2013, 11:15 AM 0
Posts: 1152; Member since: Apr 30, 2012
no. they mean 5.45 billion
posted on Jan 07, 2013, 11:17 AM 11
Posts: 60; Member since: Dec 02, 2011
I dont think any company ever has posted $545 billion in profits ..ever !!!!
posted on Jan 07, 2013, 11:16 AM 1
Posts: 510; Member since: Mar 16, 2011
Well deserved Samsung. They are and will continue to be clearly the BEST.
posted on Jan 07, 2013, 11:29 AM 8
Posts: 508; Member since: Apr 27, 2012
You use to comment in phone dog too right
posted on Jan 07, 2013, 1:01 PM 0
Samsung are obviously ripping off customers. They should stop being so greedy and make all of their devices cheaper. /s
posted on Jan 07, 2013, 12:20 PM 3
Posts: 110; Member since: Nov 12, 2012
/s means sarcasm he is being sarcastic
posted on Jan 07, 2013, 1:04 PM 3
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!
posted on Jan 07, 2013, 3:45 PM 0
Posts: 196; Member since: Jul 23, 2012
These numbers are with or without the $1,1 billion fine?
posted on Jan 07, 2013, 1:07 PM 0
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.
posted on Jan 07, 2013, 2:11 PM 2
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