Samsung Profit in Q2 2013

Samsung in April-June had a record turnover of the business. The company’s net sales rose to 57.46 trillion and operating profit of 9.53 trillion won (38.94 billion and 6.45 billion euros) over the last three-month period. The company released those figures earlier this month. Although the figures set new records, the market was expecting even better figures.

samsung profit q2 2013

Samsung’s mobile business increased nine per cent, thanks to Galaxy S4, but operating profit fell by three per cent compared to the previous quarter. According to IDC, the Korean manufacturer supplies rose to 72.4 million units. Its closest rival, Apple reached supplies a record high 32.1 million units in the same period. The second largest manufacturer of Android, LG shipped 12.1 million smart phones.


Posted on July 28 2013. Tagged with Tags:

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Kamaldeep Singh is the founder of Mytechpartner.com Kamaldeep chimes in every once in a while with some obscure news and interesting reads.