Quote:
Originally Posted by Dopedangel
http://bgr.com/2013/01/08/samsung-q4...gs-est-285549/
The company released preliminary unaudited earnings estimates for the fourth quarter on Tuesday, and it expects to post record sales and profit when it reports Q4 2012 later this month. Samsung estimates that it earned a staggering $8.3 billion on sales of up to $53.6 billion. The company said it sold close to 500 handsets per minute in the fourth quarter, suggeting that total combined smartphone and feature phone sales may have approached 65 million units in the quarter.
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Apple's expected to report about $11 billion dollars profit in Q4 by comparison, but your point is valid. Samsung is clearly now in the same ball park.
What I found interesting about the figures is that Apple's big number is in a quarter where they launched their new, much anticipated, flagship phone and mini tablet. However, Samsung's hot devices were launched in the previous quarter to this. It does suggest that Samsung's profits are spread more across their range, so the total sales for each company over 2013 are going to make interesting reading.
Graham