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Walmart Black Friday Pre Sale launched Online

Walmart Black Friday Pre Sale launched Online

Amazon Black Friday 2014 Deals Week has launched

Amazon Black Friday 2014 Deals Week has launched

Walmart Pre-Black Friday Ad released

Walmart Pre-Black Friday Ad released

Walmart Pre-Black Friday Sale Matches Competitor's Black Friday 2014 Deals

Walmart Pre-Black Friday Sale Matches Competitor's Black Friday 2014 Deals

Amazon takes orders on Black Friday Samsung TV Deals

Amazon takes orders on Black Friday Samsung TV Deals

Samsung reveals first quarter earnings for 2013

Apr 26 2013, 3:13am CDT | by , in News | Technology News

Samsung reveals first quarter earnings for 2013
 
 

The South Korean consumer electronics giant that is Samsung has announced its first quarter earnings for 2013. Overall, Samsung raked 8.78 trillion in won on revenues of 52.87 trillion won.


For giant tech companies such as Apple and Samsung, it's not just about creating the best products for its customers. It's also about maximizing profits and making sure that sales are better than ever. Samsung, for instance, previously said prior to the announcement of its first quarter earnings that it is expecting profits to grow. The South Korean conglomerate announced today that it was able to amass a consolidated amount of 52.87 trillion in won during its first quarter which ended in March 31st.


Compared to the previous quarter, Samsung is seeing a 6-percent decrease. Furthermore, the company's consolidated operating profit for the quarter reached 8.78 trillion won, while the consolidated net profit is 7.15 trillion won, around $6.4 billion. Samsung says that sales of the Galaxy S3 and the Galaxy Note 2 helped in the profit margins. You can read the rest of the report here

Source: Samsung
Image Credits: Bloomberg

 

 

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