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Friday 28 October 2011

Samsung's Q3 2011 overall profit falls despite incredible phone sales

Ready for more dollars and cents earnings news? It's Samsung's turn, and when it comes to phones the news couldn't be better, where it notched an operating profit of $2.3 billion on record sales. Unfortunately, other parts of its massive business selling displays, memory chips, appliances, and more weren't as profitable, leading a quarterly profit of $3.8 billion, down 13% from the same period last year. We'll wait for a press release in English for more details, for now you can paw through bar graphs and figures in the accompanying slides.

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