For the quarter ended September 30th, Samsung saw a 44 percent jump in shipments and raised guidance for the holiday quarter.
Overall, Samsung shipped 27.8 million for the quarter, good for 23.8 percent of the global market. While Apple does not release "shipped" figures, the company only sold 17.1 million iPhones during the quarter and there is literally no chance that there were 10.7 million unsold devices.
Profits from the division (smartphones, tablets, feature phones) accounted for 60 percent of the company's $2.2 billion profit.
While the number is certainly nice for Samsung, the figures are expected to tighten in the Q4 thanks to the holiday seasonality and the release of the iPhone 4S.
Written by: Andre Yoskowitz @ 28 Oct 2011 15:34
