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0 pointsmladenkovacevic12y ago0 comments

Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their semiconductor division. The actual mobile division had $6.3 in profits (about 20% growth from same time last year).

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IBM12y ago

Samsung's profits are up mainly because of chips which makes sense when they're manufacturing Apple's chips (and Apple's iPhone sales are up significantly). Samsung's growth in high-end phone sales is slowing down.

http://www.bloomberg.com/news/2013-10-24/samsung-profit-surg...

mladenkovacevicOP12y ago

No the $6.3B is from the mobile division alone. Their chip sales also saw profits of about $1.9B which is double than same time last year, but the phone sales are still their #1 business.

IBM12y ago

Yes I know, my comment doesn't dispute that. Phones are the biggest piece, but increasingly that's coming from low-end phones, the growth in high-end phones is slipping.

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0 pointsmladenkovacevic12y ago0 comments

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IBM12y ago

http://www.bloomberg.com/news/2013-10-24/samsung-profit-surg...

mladenkovacevicOP12y ago

No the $6.3B is from the mobile division alone. Their chip sales also saw profits of about $1.9B which is double than same time last year, but the phone sales are still their #1 business.

IBM12y ago

Yes I know, my comment doesn't dispute that. Phones are the biggest piece, but increasingly that's coming from low-end phones, the growth in high-end phones is slipping.

j / k navigate · click thread line to collapse