Saturday 28 January 2012

Samsung Posts Q4 Record Profits Of $4.7 Billion On $42 Billion Revenue


Samsung has released its earnings figures for the fourth quarter of 2012, and the company has posted a record profit of 5.3 trillion Won, which works out at around $4.72 billion USD, on gross revenue of 47 trillion Won, which is around $42 billion USD.

This is Samsung’s highest ever quarter, and the profits and high revenue have been driven by sales of Samsung’s smartphones which made up around forty percent of Samsung’s overall revenue.

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