Samsung has just closed off an incredible quarter. their revenues for Q3 were 40.23 trillion Korean won, which marks a 12% increase year-over-year. This is also a new record for Samsung, whose previous best quarter was Q4 2009 (39.25 trillion won).
Consolidated net income for Q3 totalled 4.46 trillion won, which represents a 17% y-o-y increase from 2009. Operating profit for the quarter came in at 4.86 trillion won. These numbers come with the caveat of 230 billion won in patent-related expenses. Without those one-time costs, Samsung's profit for the quarter would have totalled 5.1 trillion won.
Samsung's semiconductor business made record sales of 10.66 trillion won this quarter, while the memory division made up some 7.49 trillion in revenue. Weak PC, LCD and semiconductor demand is expected to slow profits in Q4. Mobile handset sales are up 12% this quarter. for a total of 71.4 million Samsung handsets sold.
The Galaxy S has now launched in 90 countries, with 210 worldwide carriers. 10 million are expected to sale before 2010. The first Bada OS phone, the Samsung Wave, sold over 2 million units in some 80 countries.
Robert Evans The excitement about new smartphones, tablets and anything mobile drive
Robert to unearth the latest rumors and developments in this fast
moving space. He adopted 4G as soon as it become available and knows
where the mobile market is going.
Robert can be contacted directly at firstname.lastname@example.org.
The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.
The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.