Samsung Made ​​a Profit of USD 5.1 Billion

Published On: Sat, Apr 7th, 2012

Gadget / Samsung | Editored By Adam Zhafif Assaifi

Samsung Made a Profit of USD 5.1 Billion

SEOUL – In its latest financial report, Samsung announced a record profit achievement. South Korean vendors posted a profit USD 5.1 billion in the first quarter of 2012.

The amount is almost double the profit of Samsung in the same period last year with the amount of USD 2.95 billion. Jump in profits is mainly due to the factors that led his best-selling handset Galaxy Galaxy Galaxy S II and Note, as well as good sales in the television sector.

“Sales of new models such as Note smartphone, better than expectations. They have a great new product line, so they will be able to maintain the momentum in two or three more quarters,” said market analyst, James Strong was quoted by Bloomberg.

Note Galaxy has sold 5 million units since its marketing late last year. Samsung is expected to sell 41 million units of smartphones in the first quarter of 2012, thus becoming the largest smartphone manufacturer in the world today.

With mobile phones Galaxy S III is a long-overdue will slide this year, Samsung is projected to still have a good chance for continuing that leadership. It is quoted from TechRadar on Saturday (04/07/2012).[DTK/AZS]

The Editor

Adam Zhafif Assaifi - is passionate about Entrepreneurship and is highly passionate on starting his own tech services company, besides Blogging he concentrates on services like Search Engine Optimization (SEO), Social Media Optimization (SMO) and other web related services.