Samsung Expects Record 2012 Q4 Profit of $8.3 Billion

Samsung Electronics expects to post another record profit quarter for 2012's Q4 results, which are due to be announced later this month.

The South Korean electronics conglomerate estimates that its fourth-quarter operating profit has increased by 88 percent to $8.3 billion when compared to the same period during 2011.

The firm, which is the world's largest consumer electronics maker, also forecasts its fourth-quarter sales to be $52.6 billion. The results will be announced on January 25.

Samsung shipped 18 million Galaxy S3 units during the third quarter, representing a considerable increase from 5.4 million in the second quarter, which is an increase of 230 percent. Additionally, two months after it was released, the Galaxy Note 2 phablet sold 5 million units.

As for the Galaxy S3's commercial performance, the device became one of the best-selling Android smartphones since its 2012 launch. It sold 30 million units before the year was over and became the best-selling smartphone on the planet during the third quarter, a title that was held previously by Apple's iPhone 4S.

During the third quarter of 2012, meanwhile, Samsung recorded a record profit of $7.4 billion. Its operating profits increased by 91 percent when compared to the same period in 2011.


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  • my wife has an S2 and I have a note 2. Samsung will continue to get my money. The wife wants a note 2 when her phone is up. Apple saw their last dollar from me with the iphone 4.

    Many people commenting won't have experience with both platforms. I do and
    Samsung just does it better. It was better with the S2. The note 2 is ridiculously far ahead.
    Google plays a huge part in Samsung's success.
    10
  • Other Comments
  • Now if you replaced Samsung with Apple on the title, the comment section would be at it's 3rd page by now.
    -6
  • Does this mean they can make phones cheaper since they make so much profits...
    1
  • my wife has an S2 and I have a note 2. Samsung will continue to get my money. The wife wants a note 2 when her phone is up. Apple saw their last dollar from me with the iphone 4.

    Many people commenting won't have experience with both platforms. I do and
    Samsung just does it better. It was better with the S2. The note 2 is ridiculously far ahead.
    Google plays a huge part in Samsung's success.
    10