Samsung Q4 2011 Results: Sales of $42.14 billion, Handsets 30% Up
Initial estimates regarding Q4 of 2011 saw Samsung reporting a record last quarter with 35 million smartphones sold, which by itself represents a record (compared to the previous quarter, where the company managed to sell 28 million).
Now that the official numbers are in the South Korean company is reporting sales of 47.3 trillion won ($42.14 billion) and an operating profit of 5.3 trillion won ($4.7 billion) for Q4 2011. The mobile segment accounted for roughly 40% of the total company sales and half of its operating profit ($2.3 billion).
For 2012 Samsung sees increasing handset demand and continued smartphone growth by 30% year-on-year, while tablet demand should be significantly increasing compared to 2011. To check out the full report follow the source link below.