Samsung Profits & Sales Rocket

With successful devices like the Samsung Galaxy S3 and Note 2 and 30 plus other handset derivatives, it is no surprise that Samsung is producing such stellar results as below. They are selling a massive 500 handsets per minute in the last quarter of 2012 alone.

The consolidated operating profit is expected to be $8.28 billion. Consolidated sales for the third quarter of 2012 are at $49.10 billion, while operating profit is recorded at $7.58 billion U.S. dollars.

Revenues for fiscal 2012 are estimated at $189.18 billion on consolidated basis, and operating profit is expected to be $27.29 billion.

Staggering figures. The challenge will be to maintain these results. But with Samsung releasing refrigerators with Evernote integration anything is possible.

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