Samsung earnings analysis Q4 2012: Is Samsung the new Apple?
Samsung announced earlier this week that it expects to post a record-breaking fourth quarter when it reports its earnings later this month. The consumer electronics giant claimed an unaudited operating profit of about $8.3 billion, topping analysts’ $8 billion estimate by a healthy margin, on revenue totaling $53.6 billion. Samsung said it sold an average of nearly 500 handsets per minute during the holiday quarter, suggesting total shipments well in excess of 60 million units. In other words, it had an Apple-like quarter.a.k.a. RyZR from HoFo
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