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Samsung (SSNLF.PK) Q4 net profit +76% to 7.04T won ($6.6B) vs consensus of 6.8T won. Revenue...

Samsung (SSNLF.PK) Q4 net profit +76% to 7.04T won ($6.6B) vs consensus of 6.8T won. Revenue +18.5% to 56.1T won. Figures largely in line with guidance earlier this month. Revenues mostly driven by "solid sales" of flagship Galaxy S3 and Galaxy Note 2 smartphones. Profit at its mobile devices division more than doubles to 5.44T won, accounting for 62% of overall earnings. Expects the global smartphone market to shrink in Q1 from Q4. (PR)
Comments (8)
  • Now if AAPL would have reported that, herds would be jumping around screaming alert, Samsung is killing AAPL. Now, could this be indicative of actually AAPL starting to kill Samsung? Like in the US?
    25 Jan 2013, 06:34 AM Reply Like
  • that is Samsung Electronics, not Samsung (Chaebol).

     

    Apple is not killing Samsung cell phones, if Samsung smart phones ever took off above the iPhone.

     

    Samsung Electronics is not a one trick pony. It makes white goods and is far more diversified in the IT industry than Apple,
    25 Jan 2013, 06:42 AM Reply Like
  • Are you saying Samsung Electronics, the public traded company makes everything from smartphones, tablets, TV, fridges, vacuum cleaners, microwave ovens, washing machines, etc end-to-end within this one single legal entity?
    25 Jan 2013, 06:46 AM Reply Like
  • Including dysfunctional fridges like mine - yes. Never had a fridge in wich the veggie drawer becomes a swimming pool......and that is not only my problem as I found out on the web.
    25 Jan 2013, 06:56 AM Reply Like
  • In many parts of fast population growth countries, i.e. China, India, Australia, SEAsia, Middle East, I suspect even Africa, Samsung is the new "aspirational" brand....their white goods work, they are reasonably priced, they have 'scientifically-manage... so I am really surprised about your swimming pool fridge.

     

    Of course, I am surprised like everyone else should be about how little their revenues are compared to Apple, and so I suspect they 'count the beans' differently, if indeed their white good sales are part of Samsung Electronics! I suspect it is not the case, but I don't know.

     

    Still, under current trade rules, they are the brand/stock to watch for the next 10 years.....
    25 Jan 2013, 02:07 PM Reply Like
  • Profit at its mobile devices division more than doubles to 5.44T won, accounting for 62% of overall earnings....

     

    Maybe you should read the release again. The mobile devices division accounts for the majority of earnings. This is an AAPL vs Samsung comparison.
    25 Jan 2013, 03:29 PM Reply Like
  • Apple's fast smartphone growth is done. Samsung's turn. Then somebody else. Maybe Microsoft will eventually make a phone people want?
    25 Jan 2013, 03:49 PM Reply Like
  • You are a funny bunny. 48 million people wanted an IPhone in the last 13 weeks.
    25 Jan 2013, 06:43 PM Reply Like
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