Thursday, January 26, 2012

Samsung makes Q4 official: Record $4.7 billion profit on $42 billion in revenue

Samsung makes Q4 official: Record $4.7 billion profit on $42 billion in revenue

. Samsung on Friday reported record earnings for the fourth quarter last year. In line with the company's estimates as reported earlier this month, Samsung recorded an operating profit of 5.3 trillion won, or approximately $4.72 billion USD, on sales of 47 trillion won, or approximately $42 billion USD. Samsung had never reported a profit of more than 5 trillion won in a single quarter and its 5.3 trillion won profit represents a 76% increase over the holiday quarter in 2010.

Boy Genius Report, Samsung makes Q4 official: Record $4.7 billion profit on $42 billion in revenue

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