Samsung had a great holiday quarter in 2011 by selling 35 Million smartphones. Though the profit won't match Apple's earnings, Samsung enjoyed a great share in the pie. While we wait for Apple to announce the sales figures and profit generated, the South Korean giant Samsung posted its profit for the last quarter 2011 as 5.2 Trillion Won or $4.5 Billion, this is amazing !!!
While comparing the profits with the previous year last quarter, there is clear improvement of 73 percent and 22 percent increase when compared with Q3,2011. Samsung generates a large pool of cash profits from the mobile division. We could say that, Samsung is making profits on expense of other companies including Nokia, HTC and RIM. In the year 2011, Samsung surpassed Nokia in Smartphone segment including sales and revenue. For that matter, the company surpassed the top smartphone vendor Apple Inc in Q3, 2011. Samsung shipped a record number of 35 million smartphones in Q4, 2011. This is an up from the 27.8 million smartphones in the previous quarter. While Apple reported sales are 17.07 million iPhone units for Q3, 2011. However, Apple potential iPhone customers decided not to buy an iPhone 3GS/iPhone 4 during the quarter in expectation of next generation iPhone during the quarter ending in September 2011.
Smartphones have become a necessity in today's digital age. Be it browsing the web or connecting with you...