AfterDawn: News

Samsung posts $6.45 billion profit for the quarter

Samsung posted another strong quarter, bringing in an net profit of 7.15 trillion won ($6.45 billion) for the Q1.

The profit was a 50 percent jump year-over-year. Revenues grew to 52.87 trillion won ($47.6 billion), thanks to extremely strong sales of smartphones. The IT & Mobile Communications division brought in 32.82 trillion in revenue by itself.



Samsung is said to have sold a record 69.4 million smartphones during the quarter, taking a 33.1 percent global share, its highest ever.

Apple sold 37.4 million iPhones for the quarter, giving them a 17.9 percent share. LG was third with 10.3 million units sold.

Written by: Andre Yoskowitz @ 25 Apr 2013 23:41

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• 3 comments

• cart0181

  What a monster.
  

  26.4.2013 13:15 #1

• Mysttic

  Now if only they would bring over the same tech to North American region as they give everyone else. Thats the only reason I haven't upgraded my Galaxy 1, because we get crap technology due to their beef with Apple.

  26.4.2013 13:52 #2

• kfir1

  GO SAMSUNG GO !!!
  
  bend over crapple ...

  28.4.2013 08:51 #3