Thursday 24 January 2013

INQUIRER.net: Samsung profits beat forecast, mobile biz doubles

INQUIRER.net
Philippine News for Filipinos
Samsung profits beat forecast, mobile biz doubles
Jan 25th 2013, 00:41

SEOUL, South Korea— Samsung Electronics Co. reported Friday forecast-beating results for the fourth quarter of 2012 as profit from its mobile business more than doubled from a year earlier.   Samsung's October-December net income reached 7.04 trillion won ($6.58 billion), a 76 percent surge of 4.01 trillion won a year earlier. Analysts expected 6.95 trillion won in income according to FactSet.   Sales and operating income were slightly higher than its earlier preview. Sales rose 19 percent over a year earlier to 56.06 trillion won and operating income jumped 89 percent to 8.84 trillion won.   Increased sales of smartphones were the key source of its...

Keep on reading: Samsung profits beat forecast, mobile biz doubles

Media files:
Samsung.jpg (image/jpeg)
You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment