Samsung Rules Mobile; Ships More Smartphones Q3 Than Any Company in History

Discussion in 'Android Tablet News' started by dgstorm, Oct 26, 2012.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

    Jan 5, 2011
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    Samsung's new earnings reports just came out, and they pretty much solidified themselves as the ruling king of all smartphones. Market research firm Strategy Analytics found that, in the third quarter of 2012, Samsung shipped 57 Million smartphone units world-wide, which is more than any company in history! They nearly doubled their profit thanks to this record. Samsung's profit was up 91% over the same quarter last year, with $6 billion in profit on $47.6 billion in sales. Their revenue for Q3 was up 26% from the year-ago quarter, and their operating profit margin grew to 18.8%.

    In fact, Samsung’s mobile division accounted for almost two-thirds of the entire company’s profit, and 18-20 million of those 57 Million were Galaxy S III devices. To put it in perspective, Apple announced on Thursday that it shipped a very respectable 27 million iPhones last quarter. Here's a quote from Strategy Analytics analyst Neil Mawston,

    Source: BGR

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