Displaying items by tag: Quarterly results

Saturday, 06 October 2012 18:16

Samsung announced record profits


As expected, Samsung did excellent in the last quarter. They marked record profits of $7.3 billion, and even though there were many speculations that the iPhone 5 launch would ruin their success; obviously that's not what happened. These results are almost as twice as good they were the year before. It looks like the Galaxy S III and other high end Android devices were appreciated by the customers. They didn’t want to say much more on their profits as they will wait until October 26 for full-quarter results.

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