Sunday, 07 April 2013 13:09

Samsung achiveing great numbers

Written by

Reading time is around minutes.
Galaxy s123

We all knew that Samsung is doing great, but without some official financial information to back this up it's hard to tell exactly how great. According to the recently published estimates of performance in the first quarter of this year, Samsung has produced about 7.75 billion operating profit which is huge 45% more than in the same quarter last year.

The total revenues of the company Sasmung Electronics have also increased substantially - at somewhere between 45.39 - 47.17 billion. It is interesting that the realized profit growth of 45% compared to the prior year is the result of an increase in sales of only 13%.

This trend of increased revenues and profits within the Samsung Electronics is primarily a result of a great business of their smartphone department, and should be further enhanced when the sale goes Samsung Galaxy IV. Looks like strategy of pushing out top smartphones every year was a very good plan for Samsung. Maybe some other companies should learn from Samsung and get out of the poor business with top quality products instead of numerous collaborations and nonsense limitations they put on their device.

What do you think? Tell us in our Forum

Read 2058 times Last modified on Tuesday, 16 April 2013 23:34

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.