Categories: NewsSamsung

News: Samsung’s Q4 Results are Record-Setting

Samsung has revealed its Q4 results, and, as expected, it is record setting. The Korean Company has posted an operating profit of 5.3 trillion won ($4.72 billion USD), with sales of 47 trillion won ($42 billion USD). 5.3 trillion won in profit is a 76% increase over Q4 2010. 

Samsung’s mobile business specifically posted an operating profit of 2.6 trillion won ($2.3 billion USD) in Q4 because of huge mobile phone shipments of a record 35 million units. Unfortunately, even with the record Q4, and a rise in full-year revenue, Samsung’s full-year net profit of 13.7 trillion won was down 15% since last year.

While all the other Android OEM’s have posted numbers lower than expected, Samsung had a great year, thanks to its successful flagship Galaxy S II and its phone-tablet hybrid Galaxy Note.

Rupesh Sinha

Rupesh is an avid mobile geek, a Nokia fan by heart although love Android because it appeals to the geek in him. Apart from phones, he loves music and also plays the guitar. Now a nigh time news editor, along with a daytime engineering student.

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