Tag: Samsung Q2 2013

Samsung reports record profit of $9.6 billion in Q3 2013

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Samsung just reported its Q3 earnings for 2013, in which the company has managed to make operating profit of 10.16 trillion won (~US$9.6 billion), which is the highest Samsung has ever posted in a single quarter and a 7-percent increase compared to last quarter. It has reported net profit of 8.24  trillion won (~US$7.76 billion) and revenues of 59.08 trillion won (~US$55.6 billion). Mobile phone sales accounted for 35.20 trillion won (~US$33.1 billion), which is 2-percent increase compared to last quarter. Continue reading “Samsung reports record profit of $9.6 billion in Q3 2013”

Samsung reports record profit of $8.5 billion in Q2 2013 with 9% increase in mobile revenue

Samsung just reported its Q2 earnings for 2013. The South Korea-based company managed to rack up an operating profit of 9.53 trillion won (~US$8.5 billion), which is the highest Samsung has ever posted in a single quarter and a 9-percent increase compared to last Quarter. It has reported net profit of 7.77 trillion won (~US$6.96 billion) and revenues of 57.46 trillion won (~US$51 billion). Mobile phone sales accounted for 34.58  trillion won (~US$31.1 billion), which is 9-percent increase compared to last quarter. Continue reading “Samsung reports record profit of $8.5 billion in Q2 2013 with 9% increase in mobile revenue”